European stock markets drop at open
MG News | November 11, 2019 at 02:24 PM GMT+05:00
November 11, 2019: European stock markets dropped at the open Monday following heavy losses in
Asia as US-China trade deal hopes faced fresh uncertainty.
London's benchmark FTSE 100 index dropped 0.5 percent to 7,323 points, also as traders awaited the latest official British economic growth data due at 0930 GMT.
In the eurozone, Frankfurt's DAX 30 index shed 0.4 percent to 13,173.74 points and the Paris CAC 40 lost 0.2 percent to 5,876.91, compared with Friday's closing levels.
Madrid's IBEX 35 index slid 0.4 percent to 9,359.20 points, after Socialist premier Pedro Sanchez emerged as winner but weakened from Sunday's repeat election.
AFP/APP
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