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	180,311.22 226.16M	0.26% 464.53
ALLSHR	108,988.15 742.11M	0.19% 210.19
KSE30	53,712.97 107.10M	0.26% 141.89
KMI30	253,344.42 99.86M	0.13% 336.70
KMIALLSHR	69,777.40 347.06M	0.07% 49.86
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,430.00	64,675.00 63,355.00	-170.00 -0.27%
BRENT CRUDE	88.70	90.07 88.10	-0.21 -0.24%
RICHARDS BAY COAL MONTHLY	105.50	0.00 0.00	-4.45 -4.05%
ROTTERDAM COAL MONTHLY	122.55	123.00 121.90	0.45 0.37%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	83.01	84.35 82.40	-0.19 -0.23%
SUGAR #11 WORLD	16.43	17.11 16.22	-0.30 -1.79%