European stocks drop at open

By MG News | January 22, 2021 at 01:46 PM GMT+05:00

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January 22, 2021: European stocks fell at the open Friday, extending the previous session's falls as the focus switches back to the economic impact of fresh virus lockdowns.

After a mini boost for equities earlier in the week as Joe Biden took office as US president, stock markets are starting to slip back.

London's benchmark FTSE 100 index opened with a loss of 0.3 percent at 6,693.37 points after official data Friday revealed weak UK retail sales and a further surge in government borrowing to support the virus-hit economy.

In the eurozone, Frankfurt's DAX 30 index dropped 0.4 percent to 13,853.34 points and the Paris CAC 40 shed 0.3 percent to 5,571.75.

AFP/APP

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KSE100	132,652.59 87.55M	-0.56% -750.60
ALLSHR	82,983.44 481.53M	-0.25% -204.62
KSE30	40,354.08 31.69M	-0.73% -297.37
KMI30	190,823.15 35.94M	-0.66% -1260.76
KMIALLSHR	55,699.63 247.47M	-0.27% -148.07
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,070.00	109,545.00 108,625.00	-145.00 -0.13%
BRENT CRUDE	69.97	70.09 69.85	-0.18 -0.26%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.65	106.65 106.25	0.50 0.47%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.13	68.27 67.78	-0.20 -0.29%
SUGAR #11 WORLD	16.15	16.37 16.10	-0.13 -0.80%