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

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