European stocks drop at open

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	171,943.60 158.72M	-0.40% -698.56
ALLSHR	104,321.41 475.66M	-0.32% -337.01
KSE30	51,172.13 54.01M	-0.47% -242.51
KMI30	244,613.98 54.36M	-0.61% -1493.10
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,080.00	78,275.00 77,880.00	-290.00 -0.37%
BRENT CRUDE	101.75	101.87 98.80	3.83 3.91%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	2.10 1.64%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	1.25 0.90%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	97.02	97.79 96.79	0.97 1.01%
SUGAR #11 WORLD	18.35	18.47 18.08	0.25 1.38%