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 170,262.01
80.14M
-0.04%
-68.55
ALLSHR 102,871.87
414.45M
0.09%
95.87
KSE30 50,685.11
37.71M
-0.10%
-52.04
KMI30 243,098.15
34.22M
-0.04%
-104.69
KMIALLSHR 66,742.04
202.87M
0.19%
127.83
BKTi 46,202.40
11.41M
-0.24%
-110.78
OGTi 35,050.35
0.79M
-0.05%
-16.45
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,440.00 62,095.00
61,145.00
-730.00
-1.17%
BRENT CRUDE 91.06 93.26
90.80
-0.39
-0.43%
RICHARDS BAY COAL MONTHLY 123.75 124.00
123.75
-1.25
-1.00%
ROTTERDAM COAL MONTHLY 133.20 133.40
133.00
-3.55
-2.60%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.79 90.00
87.61
-0.41
-0.46%
SUGAR #11 WORLD 14.14 14.23
13.97
0.02
0.14%

Chart of the Day


Latest News
June 10, 2026 at 11:47 AM GMT+05:00

SPEC Refinery seeks govt support for Hub project


June 10, 2026 at 11:43 AM GMT+05:00

Customs rejects claims of trade halt at Gabd-Rimdan


June 10, 2026 at 11:12 AM GMT+05:00

K-Electric's AA long-term rating maintained



Top 5 things to watch in this week

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