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Europe: Stock markets drop at open

Tuesday, March 8, 2016 - 16:50

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Europe's main stock markets fell in opening deals on Tuesday, after losses across most of Asia, with London's FTSE 100 index down 0.9 per cent at 6,125.43 points.

[LONDON] Europe's main stock markets fell in opening deals on Tuesday, after losses across most of Asia, with London's FTSE 100 index down 0.9 per cent at 6,125.43 points.

In the eurozone, Frankfurt's DAX 30 index also dipped about 0.9 per cent to 9,688.47 points and the Paris CAC 40 shed around 0.8 per cent to open at 4,405.16 compared with Monday's closing level.

Asian equity markets mostly fell Tuesday as investors cashed in after enjoying their best rally so far this year, while China released data showing another hefty slump in exports and Brent oil retreated from near 2016 highs.

AFP

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