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Europe: Stock markets down more than 5%

Shortly after the open, Frankfurt's DAX 30 plunged 5.8 per cent.

[LONDON] Europe's main stock markets dived more than five per cent at the start of trading Thursday following turmoil across Asia and overnight on Wall Street on heightened fears over the coronavirus.

Shortly after the open, London's benchmark FTSE 100 index was down 5.3 per cent, Frankfurt's DAX 30 plunged 5.8 per cent and the Paris CAC 40 tumbled 5.1 per cent.