European Stock Markets Drop At Open
Fahad Shabbir (@FahadShabbir) Published January 23, 2017 | 01:50 PM
LONDON, , (UrduPoint / Pakistan Point News - 23rd Jan, 2017 ) - European stock markets slid at the start of trading on Monday and after Tokyo began the week with a heavy loss. London's benchmark FTSE 100 shed 0.7 percent to 7,151.35 points compared with the close on Friday.
In the eurozone, Frankfurt's DAX 30 index lost 0.7 percent to 11,545.
97 points and the Paris CAC 40 gave up 0.7 percent to 4,816.98. Japan's Nikkei tanked 1.3 percent by the close as the Dollar slipped against the Yen, weighing on Japanese exporters' share prices.
The dollar retreated against most of its peers Monday, with warnings of wild volatility ahead as Donald Trump began his presidency promising to put America first and hitting out at global trade deals.
Recent Stories
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
U.S. envoy calls on Foreign Minister Ishaq Dar
Poland arrests man over suspected plan to kill Zelensky
EU wants to ease youth movement to and from UK
Police foils attempt of supply mainpuri raw material
More Stories From Business
-
Pakistan's total liquid foreign reserves reach $ 13.37 billion
9 hours ago -
Stock markets rise as traders consider US rate outlook
10 hours ago -
Business community alarmed by alleged Cigarette tax violations
10 hours ago -
High FED on cigarettes demonstrates positive impact
10 hours ago -
PTCL posts 14 % revenue growth
10 hours ago -
Prudent policies, reforms poised to result in sustainable economic growth: Governor State Bank of Pa ..
11 hours ago
-
ICCI resolute to turn Islamabad an ecofriendly city: Khalid Malik
10 hours ago -
Beijing's GDP up 6 pct in Q1
13 hours ago -
China's Q1 goods, services trade surplus exceeds 60 bln USD
13 hours ago -
Pakistan Stock Exchange (PSX) loses 43 points
13 hours ago -
KP Govt decides to establish Gem Processing & Export Centre
13 hours ago -
Rupee sheds 04 paisa against dollar
13 hours ago