European stock markets plunge over 5% at open

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

Posted on: 2020-03-16T13:43:00+05:00

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