European stocks drop at open

News Image

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

Related News

Name Price/Vol %Chg/NChg
KSE100 181,629.37
571.94M
-2.48%
-4626.18
ALLSHR 109,942.32
1,541.49M
-2.27%
-2557.43
KSE30 54,279.48
234.32M
-2.50%
-1392.96
KMI30 256,369.77
237.08M
-2.52%
-6638.08
KMIALLSHR 70,626.90
760.65M
-2.27%
-1639.91
BKTi 51,526.21
75.97M
-2.50%
-1323.13
OGTi 36,774.58
15.60M
-2.63%
-993.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,220.00 63,930.00
61,850.00
-1760.00
-2.75%
BRENT CRUDE 77.25 79.26
75.44
3.09
4.17%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-0.70
-0.66%
ROTTERDAM COAL MONTHLY 119.50 121.50
119.50
-0.15
-0.13%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 73.26 75.30
71.75
2.82
4.00%
SUGAR #11 WORLD 15.19 15.39
15.13
0.05
0.33%

Chart of the Day


Latest News
July 08, 2026 at 05:50 PM GMT+05:00

Saudi Arabia boosts local helicopter production drive


July 08, 2026 at 04:32 PM GMT+05:00

OICCI flags security risks to investment


July 08, 2026 at 04:00 PM GMT+05:00

PSX Closing Bell: Red Ink Dominates



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg