European equities decline at open

MG News | June 26, 2019 at 02:03 PM GMT+05:00

0:00

June 26: European stock markets ceded ground at the open on Wednesday, hit by overnight losses on Wall Street and earlier in Asia.

Global investor sentiment took a heavy knock after top Federal Reserve officials dented hopes for a big US interest rate cut next month.

In initial deals, London's benchmark FTSE 100 index was down 0.1 percent at 7,413.97 points.

In the eurozone, Frankfurt's DAX 30 lost 0.1 percent to 12,210.52 points and the Paris CAC 40 shed 0.2 percent to 5,504.67 compared with closing levels on Tuesday.

Adding to the downward pressure were worsening tensions between the US and Iran, as well as jitters before this week's meeting between US President Donald Trump and his Chinese counterpart Xi Jinping.

AFP/APP

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KSE100	170,002.69 56.29M	-0.65% -1113.13
ALLSHR	102,124.59 144.29M	-0.49% -506.23
KSE30	50,931.32 15.63M	-1.06% -547.22
KMI30	243,971.01 14.01M	-0.72% -1760.78
KMIALLSHR	66,262.20 67.18M	-0.58% -388.12
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,895.00	82,725.00 80,640.00	510.00 0.63%
BRENT CRUDE	105.74	105.90 103.82	4.45 4.39%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	107.10	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	100.11	100.31 97.65	4.69 4.92%
SUGAR #11 WORLD	14.69	0.00 0.00	0.00 0.00%