Europe: Stocks slump at open; Frankfurt down 2.9%

EUROPEAN stocks tumbled at the open on Monday (Sep 5), after Russia halted gas deliveries to Germany via a key pipeline, sending the euro plunging to a 20-year US dollar low.

Frankfurt's benchmark DAX index dived 2.9 per cent, the Paris CAC 40 shed 2.1 per cent and London's FTSE 100 dropped 0.9 per cent. AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to