European stock markets open sharply lower on Trump tariff threat

News Image

MG News | May 06, 2019 at 03:09 PM GMT+05:00

May 6, 2019: European stock markets plunged on Monday after US President Donald Trump said he would raise tariffs on imports from China at the end of the week, dealing a blow to hopes of an imminent end to their trade war.

Frankfurt's DAX 30 lost 1.3 percent to hit 12,241.22 points around 20 minutes after the opening bell, while the Paris CAC dived more than 1.5 percent to 5,464.72. London's benchmark FTSE 100 index was closed for a bank holiday.

 (APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 176,094.12
210.43M
0.31%
546.13
ALLSHR 106,530.89
879.03M
0.30%
313.70
KSE30 52,480.22
54.21M
0.01%
4.71
KMI30 247,198.06
71.10M
0.26%
628.83
KMIALLSHR 68,178.54
320.54M
0.35%
237.08
BKTi 50,319.17
20.32M
-0.21%
-103.75
OGTi 34,316.47
3.14M
0.13%
43.33
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,665.00 63,770.00
62,430.00
535.00
0.85%
BRENT CRUDE 91.04 91.36
84.62
4.16
4.79%
RICHARDS BAY COAL MONTHLY 107.75 0.00
0.00
-0.25
-0.23%
ROTTERDAM COAL MONTHLY 121.60 121.65
121.60
0.95
0.79%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 86.80 86.87
81.06
3.21
3.84%
SUGAR #11 WORLD 14.65 14.78
14.38
0.22
1.52%

Chart of the Day


Latest News
August 01, 2026 at 10:55 PM GMT+05:00

Chemical sector margins narrow on Middle East disruption


August 01, 2026 at 09:06 PM GMT+05:00

Weekly Market Roundup


August 01, 2026 at 12:40 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


July 31, 2026 at 06:03 PM GMT+05:00

Central Asia enters most successful era in modern history



Top 5 things to watch in this week

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