Europe: Stocks extend slump at open

[LONDON] European stock markets plunged at the open on Monday (Mar 7) as investors pumped their money into assets deemed safer such as gold.

Frankfurt dived 3.6 per cent and Paris shed 3.0 per cent. Outside the eurozone, London lost 0.8 per cent, with losses capped by strong share price gains for mining and oil giants on soaring metals and crude values. AFP