European stock markets fall at open

MG News | September 16, 2019 at 01:57 PM GMT+05:00

0:00

Sep 16, 2019: European stock markets fell at the start of trading on Monday, but London's losses were capped by strong gains for energy giants on the back of soaring oil prices.

London's benchmark FTSE 100 index lost 0.1 percent to 7,358.96 points, as BP shares rallied 3.8 percent to £5.23 and Royal Dutch Shell jumped 3.3 percent to £23.56.

In the eurozone, Frankfurt's DAX 30 shares index lost 0.6 percent to 12,392.73 points at the open and the Paris CAC 40 retreated 0.5 percent to 5,626.92.

Around 0700 GMT, Brent crude oil was up 8.8 percent to $65.50 per barrel and WTI soaring 8.0 percent to $59.28 per barrel.

Attacks on two Saudi facilities has slashed output in the world's top producer by half, fuelling fresh geopolitical fears as US President Donald Trump blamed Iran and raised the possibility of a military strike on the country.

AFP/APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,677.70 295.62M	0.79% 1304.39
ALLSHR	100,309.12 590.21M	0.65% 649.40
KSE30	50,855.17 184.12M	0.72% 361.13
KMI30	239,315.92 162.68M	0.94% 2217.63
KMIALLSHR	65,437.31 338.54M	0.87% 565.13
BKTi	45,391.23 48.89M	0.60% 270.74
OGTi	32,857.06 26.79M	1.29% 418.64

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	91,500.00	93,590.00 90,590.00	1145.00 1.27%
BRENT CRUDE	62.32	63.39 62.12	-0.55 -0.87%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	-0.10 -0.12%
ROTTERDAM COAL MONTHLY	96.40	0.00 0.00	0.50 0.52%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.48	59.64 58.27	-0.17 -0.29%
SUGAR #11 WORLD	15.21	15.29 15.08	0.07 0.46%