European stocks drop at open
MG News | January 22, 2021 at 01:46 PM GMT+05:00
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 | 169,074.17 30.05M | 0.29% 493.76 |
| ALLSHR | 102,267.67 75.57M | 0.32% 321.49 |
| KSE30 | 50,498.30 17.22M | 0.22% 109.32 |
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|---|
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| BRENT CRUDE | 102.36 | 102.53 100.76 | 2.16 2.16% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 1.20 0.94% |
| ROTTERDAM COAL MONTHLY | 143.70 | 144.00 143.00 | -0.95 -0.66% |
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| CRUDE OIL - WTI | 89.88 | 90.03 88.77 | 1.60 1.81% |
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