Europe: Stocks sink at open in global sell-off
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[LONDON] European stock markets sank at the open on Thursday, extending the previous day's heavy losses as a global sell-off gathered speed.
In early trade, London's benchmark FTSE 100 index lost 0.9 per cent at 6,508.14 points, Frankfurt's DAX 30 shed about 1.0 per cent to 13,489.33 and the Paris CAC 40 declined 0.8 per cent to 5,416.33.
Asia suffered further losses Thursday, tracking the rout in New York and Europe as investors weathered a perfect storm of worries about the slow vaccine rollout, surging infections, a stuttering economic recovery and high valuations.
AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
