European stocks fall sharply at open on virus alarm

MG News | February 24, 2020 at 01:35 PM GMT+05:00

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Feb 24, 2020: European stock markets sank at the start of trade on Monday, with the heaviest falls in Italy as alarm spread over the growing coronavirus outbreak, dealers said.

In Italy, which on Monday confirmed its fourth fatality from the COVID-19 epidemic, Milan's FTSE MIB benchmark shares index tumbled 4.2 percent to 23,740.11 points.

London's FTSE 100 index sank 2.2 percent to 7,239.47, Frankfurt's DAX 30 slumped 2.9 percent to 13,187.62 and the Paris CAC 40 shed 2.9 percent to 5,854.11 compared with Friday's closing levels.

AFP/APP

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KSE30	50,693.44 38.73M	-0.94% -478.69
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,280.00	78,715.00 77,880.00	-90.00 -0.11%
BRENT CRUDE	100.77	101.94 100.19	-0.44 -0.43%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	2.10 1.64%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	1.25 0.90%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	95.80	97.79 95.37	-0.25 -0.26%
SUGAR #11 WORLD	18.35	18.47 18.08	0.25 1.38%