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Europe: Stock markets slide at open

Wednesday, January 20, 2016 - 16:35
EUROSTOCKSREUTERS.jpg
Europe's leading stock markets rebounded very slightly at the start of trading on Thursday, as investors awaited the outcome of the European Central Bank's first policy meeting of the year.

[LONDON] Europe's leading stock markets tumbled at the start of trading on Wednesday as oil prices slumped to new 12-year lows and following sharp losses for equities in Asia.

Shortly after the open at around 0815 GMT, Frankfurt's DAX 30 index was down 2.4 percent at 9,428.8 points compared with Tuesday's close.

The Paris CAC 40 index slumped 2.4 per cent to 4,171.1 points and in London the FTSE 100 index lost 2.0 per cent to 5,760.4.

AFP