BR100 Decreased By (-0.49%)
BR30 Decreased By (-0.35%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.52%)
AGHA 7.75 Decreased By ▼ -0.06 (-0.77%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.60 Increased By ▲ 0.10 (0.17%)
BOP 34.25 Increased By ▲ 0.22 (0.65%)
CNERGY 10.03 Increased By ▲ 0.07 (0.7%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.43 Decreased By ▼ -0.27 (-0.49%)
FFL 16.63 Decreased By ▼ -0.06 (-0.36%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 7.27 Decreased By ▼ -0.13 (-1.76%)
KOSM 5.77 No Change ▼ 0.00 (0%)
LOTCHEM 29.29 Decreased By ▼ -0.03 (-0.1%)
MLCF 93.55 Decreased By ▼ -0.81 (-0.86%)
NBP 201.00 Decreased By ▼ -2.05 (-1.01%)
NCPL 57.00 No Change ▼ 0.00 (0%)
NPL 67.40 Decreased By ▼ -0.30 (-0.44%)
OGDC 315.80 Decreased By ▼ -0.04 (-0.01%)
PACE 10.58 Decreased By ▼ -0.06 (-0.56%)
PAEL 42.89 Decreased By ▼ -0.31 (-0.72%)
PIBTL 16.64 Decreased By ▼ -0.10 (-0.6%)
PPL 218.57 Decreased By ▼ -1.21 (-0.55%)
PRL 49.97 Increased By ▲ 0.78 (1.59%)
PTC 70.41 Decreased By ▼ -0.12 (-0.17%)
SSGC 27.56 Decreased By ▼ -0.69 (-2.44%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.72 Decreased By ▼ -0.07 (-0.8%)
TPL 18.51 Increased By ▲ 0.27 (1.48%)
TPLP 13.50 Increased By ▲ 0.23 (1.73%)
TREET 22.60 Decreased By ▼ -0.12 (-0.53%)
TRG 60.10 Decreased By ▼ -0.04 (-0.07%)
Markets

European stock markets drop at open

Published Updated

imageLONDON: Europe's main stock markets slid at the open Friday following losses in Asia and on Wall Street as the US economy grew much slower than expected in the first quarter.

London's benchmark FTSE 100 index dropped 0.8 percent to 6,269.31 points compared with Thursday's closing level.

In the eurozone, Frankfurt's DAX 30 index lost 0.8 percent to 10,235.47 points and the Paris CAC 40 shed 1.25 percent to 4,500.43.

The US Commerce Department on Thursday said that the world's number one economy grew 0.5 percent in January-March, almost half the pace expected, and the worst reading since 2014 as consumer spending sputtered.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed for this article.