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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KSE30	51,137.90 10.10M	-0.28% -145.90
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,805.00	84,635.00 83,740.00	-690.00 -0.82%
BRENT CRUDE	102.27	103.08 101.83	-0.81 -0.79%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.75 5.48%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	91.43	92.79 91.23	-0.73 -0.79%
SUGAR #11 WORLD	18.83	18.96 18.26	0.27 1.45%