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	174,776.60 261.56M	-0.96% -1690.40
ALLSHR	106,113.05 605.48M	-0.99% -1065.46
KSE30	52,134.27 88.44M	-0.95% -498.16
KMI30	249,368.78 99.61M	-0.99% -2480.72
KMIALLSHR	68,616.12 358.22M	-1.06% -736.48
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,720.00	78,060.00 76,480.00	175.00 0.23%
BRENT CRUDE	95.39	97.04 93.52	0.74 0.78%
RICHARDS BAY COAL MONTHLY	122.50	0.00 0.00	-1.00 -0.81%
ROTTERDAM COAL MONTHLY	136.25	137.00 135.00	0.80 0.59%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	90.79	92.29 88.97	0.57 0.63%
SUGAR #11 WORLD	18.71	18.77 18.07	0.35 1.91%