The Business Times

Europe: Stock markets limit losses at open

Published Fri, Mar 23, 2018 · 08:25 AM

[LONDON] Europe's main stock markets dropped at the start of trading on Friday but losses were far less dramatic than those seen across Asia and overnight on Wall Street.

London's benchmark FTSE 100 index dropped 0.6 per cent to 6,912.14 points compared with Thursday's close.

In the eurozone, Frankfurt's DAX 30 index shed 0.9 per cent to 11,995.51 points and the Paris CAC 40 slid 1.0 per cent to 5,115.82.

Asian markets plunged Friday following a sell-off in New York as US President Donald Trump sparked fresh trade war fears by imposing huge tariffs on Chinese imports and Beijing unveiled its own measures against American goods.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here