Europe: Stocks dive at open
[LONDON] Europe's major stock markets fell heavily in opening trade on Monday, joining a global selloff on intensifying worries over the prospect of rising interest rates in the United States.
In initial trade, London's benchmark FTSE 100 index of leading blue-chip firms sank 1.1 pe rcent to 7,363.41 points, compared with the closing level on Friday.
In the eurozone, the Paris CAC 40 lost about 0.8 per cent to 5,322.94 and Frankfurt's DAX 30 also sank by around 0.8 per cent to 12,687.79 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
South Korea’s probe alleges 211.2 billion won of illegal short trades
Asia: Markets build on rally as US jobs data boost rate cut hopes
Zero-day options boom will only grow even as some investors fear disaster
Singapore stocks open in the black on Monday; STI up 0.3%
Stocks to watch: Singtel, Venture Corp, ARA H-Trust, YHI International, LHN
Europe: Shares end higher on tech support; banks slide