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Europe: Stocks slide at open

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Published Fri, Oct 28, 2022 · 03:33 PM
    • London’s benchmark FTSE 100 index dropped 1.0 per cent to 7,002.83 points.
    • London’s benchmark FTSE 100 index dropped 1.0 per cent to 7,002.83 points. PHOTO: BLOOMBERG

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    EUROPEAN stock markets slid at the open on Friday (Oct 28) following heavy losses in Asia on rising fears of a global recession as shares in tech companies crash.

    London’s benchmark FTSE 100 index dropped 1.0 per cent to 7,002.83 points.

    In the eurozone, Frankfurt’s DAX index retreated 1.0 per cent to 13,083.69 points and the Paris CAC 40 lost 0.8 per cent to 6,195.04. AFP

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