European stocks drop at open

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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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239.78M
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1277.69
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672.11M
0.80%
780.92
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162.29M
0.73%
357.18
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121.07M
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301.36M
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438.44
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Name Last High/Low Chg/%Chg
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-3080.00
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63.36
1.28
2.03%
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85.00
0.05
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