European stock slump at open

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MG News | January 21, 2020 at 01:56 PM GMT+05:00

January 21, 2020: Europe's leading stock markets slumped at the start of trading on Tuesday after sharp losses across Asia.

London's benchmark FTSE 100 index slid 0.8 percent to 7,591.93 points compared with the close on Monday.

In the eurozone, Frankfurt's DAX 30 index lost 0.7 percent to 13,457.56 points and the Paris CAC 40 shed 1.0 percent to 6,018.91.

With virtually all share prices of European companies dropping, one bright spot was Easyjet, which jumped 2.2 percent to £14.82 in London after the British no-frills airline reported a better outlook following a solid rise in first-quarter revenue.

AFP/APP

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