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European stock markets drop at open

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December 31, 2019: European stock markets dropped at the open Tuesday, the final trading session of a year that has seen large gains for indices.

London's benchmark FTSE 100 index shed 0.3 percent to 7,563.62 points, compared with the close on Monday.

In the eurozone, the Paris CAC 40 index lost 0.2 percent to 5,970.37 points.

Frankfurt's DAX 30 ended its year on Monday, reporting an annual gain of 25.5 percent following a plunge of 18 percent in 2018.

Global stock markets have been boosted this year from record highs on Wall Street helped by receding risks of recession and easing China-US trade tensions.

AFP/APP

Posted on: 2019-12-31T14:27:00+05:00

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