European stocks drop at open | Malay Mail

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LONDON, Jan 22 — European stocks fell at the open today, extending the previous session’s falls as the focus switches back to the economic impact of fresh virus lockdowns. After a mini boost for equities earlier in the week as Joe Biden took office as US president, stock markets are starting to...

In the eurozone, Frankfurt’s DAX 30 index dropped 0.4 per cent to 13,853.34 points and the Paris CAC 40 shed 0.3 per cent to 5,571.75. — AFP pic

LONDON, Jan 22 — European stocks fell at the open today, extending the previous session’s falls as the focus switches back to the economic impact of fresh virus lockdowns. After a mini boost for equities earlier in the week as Joe Biden took office as US president, stock markets are starting to slip back.

London’s benchmark FTSE 100 index opened with a loss of 0.3 per cent at 6,693.37 points, after official data today revealed weak UK retail sales and a further surge in government borrowing to support the virus-hit economy. In the eurozone, Frankfurt’s DAX 30 index dropped 0.4 per cent to 13,853.34 points and the Paris CAC 40 shed 0.3 per cent to 5,571.75. — AFP

 

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