European equities decline at open

News Image

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

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

Related News

Name Price/Vol %Chg/NChg
KSE100 177,370.71
271.87M
0.23%
404.02
ALLSHR 107,716.20
642.21M
0.11%
116.44
KSE30 52,827.24
82.38M
0.35%
182.71
KMI30 251,579.93
132.42M
0.03%
64.11
KMIALLSHR 69,528.14
417.99M
0.00%
2.11
BKTi 50,313.91
13.15M
1.11%
551.71
OGTi 36,509.94
8.96M
-0.87%
-321.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,190.00 79,360.00
78,140.00
180.00
0.23%
BRENT CRUDE 86.22 87.11
86.09
-2.36
-2.66%
RICHARDS BAY COAL MONTHLY 110.30 0.00
0.00
0.20
0.18%
ROTTERDAM COAL MONTHLY 124.80 124.80
124.80
0.30
0.24%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 80.28 81.31
80.13
-2.08
-2.53%
SUGAR #11 WORLD 17.25 17.74
17.13
-0.40
-2.27%

Chart of the Day


Latest News
August 25, 2026 at 11:52 PM GMT+05:00

Petrol price rises Rs1.12, diesel up Rs1.11


August 25, 2026 at 06:24 PM GMT+05:00

Pakistan, Germany ties get a reform era boost


August 25, 2026 at 04:35 PM GMT+05:00

JS Bank profit falls 11% to Rs4.72bn in 1HCY26


August 25, 2026 at 04:24 PM GMT+05:00

Gold prices fall Rs600 per tola in Pakistan



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg