European stock markets plunge over 5% at open

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MG News | March 16, 2020 at 01:43 PM GMT+05:00

March 16, 2020: European stock markets dived over five percent at the open Monday despite massive fresh central bank stimulus to prop up a global economy battered by the coronavirus outbreak.

Shortly after the start, Paris was down 5.9 percent, Frankfurt slumped 5.6 percent, London shed 5.3 percent, Milan lost 5.4 percent and Spain retreated 4.8 percent.

AFP/APP

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133.69M
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352.22M
-0.46%
-489.73
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41.11M
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-0.80%
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91.31
2.22
2.44%
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-0.75
-0.70%
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