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Europe: Stocks sink further at open
[LONDON] European stock markets sank further at the open on Friday in a fierce global sell-off as traders fretted that the coronavirus crisis is set to continue for some time.
In initial deals, London's benchmark FTSE 100 index of major blue-chip companies lost 1.5 per cent at 6,604.04 points.
In the eurozone, Frankfurt's DAX 30 shed 1.8 per cent to 11,734.85 points and the Paris CAC 40 dropped 1.8 per cent to 5,264.30, compared with the closing levels on Thursday.