Europe: Stock markets slump at open
Published Wed, Mar 18, 2020 · 08:51 AM
[LONDON] European stock markets sank further in opening deals on Wednesday, as global stimulus measures failed to offset expectations that coronavirus would tip the world into recession, dealers said.
In initial deals, London's benchmark FTSE 100 index shed 3.4 per cent to 5,116.85 points.
In the eurozone, Frankfurt's DAX 30 tanked 4.0 per cent at 8,581.04 points and the Paris CAC 40 dropped 2.3 per cent to 3,898.05 points.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Why the yen is so weak and what that means for Japan
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce