BR100 Decreased By (-0.3%)
BR30 Decreased By (-0.28%)
KSE100 Decreased By (-0.27%)
KSE30 Decreased By (-0.33%)
AGHA 7.80 Decreased By ▼ -0.01 (-0.13%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.99 Increased By ▲ 0.49 (0.85%)
BOP 34.20 Increased By ▲ 0.17 (0.5%)
CNERGY 9.90 Decreased By ▼ -0.06 (-0.6%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.51 Decreased By ▼ -0.19 (-0.35%)
FFL 16.70 Increased By ▲ 0.01 (0.06%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.33 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.72 Decreased By ▼ -0.05 (-0.87%)
LOTCHEM 29.42 Increased By ▲ 0.10 (0.34%)
MLCF 93.49 Decreased By ▼ -0.87 (-0.92%)
NBP 201.95 Decreased By ▼ -1.10 (-0.54%)
NCPL 56.60 Decreased By ▼ -0.40 (-0.7%)
NPL 67.60 Decreased By ▼ -0.10 (-0.15%)
OGDC 316.35 Increased By ▲ 0.51 (0.16%)
PACE 10.67 Increased By ▲ 0.03 (0.28%)
PAEL 42.90 Decreased By ▼ -0.30 (-0.69%)
PIBTL 16.62 Decreased By ▼ -0.12 (-0.72%)
PPL 218.70 Decreased By ▼ -1.08 (-0.49%)
PRL 49.35 Increased By ▲ 0.16 (0.33%)
PTC 70.50 Decreased By ▼ -0.03 (-0.04%)
SSGC 27.85 Decreased By ▼ -0.40 (-1.42%)
TBL 9.73 Decreased By ▼ -0.13 (-1.32%)
TELE 8.72 Decreased By ▼ -0.07 (-0.8%)
TPL 18.12 Decreased By ▼ -0.12 (-0.66%)
TPLP 13.34 Increased By ▲ 0.07 (0.53%)
TREET 22.74 Increased By ▲ 0.02 (0.09%)
TRG 60.00 Decreased By ▼ -0.14 (-0.23%)

London: World equities sank further Friday on anxiety over rising US interest rates, before the release of key US payroll data.

Sentiment also soured as speculation continued to swirl over an alleged money-laundering scandal at Denmark's Danske Bank.

Around midday, London's benchmark FTSE 100 index was down 0.6 percent compared with Thursday's closing level.

In the eurozone, Frankfurt's DAX 30 index also fell 0.6 percent and Paris dipped 0.5 percent.

The euro dropped to $1.1496.

Asia also nursed fresh losses, hit by fears about the path of US rate hikes -- and increasingly fraught relations between China and the United States.

Traders tracked an overnight sell-off on Wall Street, where all three main indexes were rocked by another jump in the 10-year US Treasury bond yield to a fresh seven-year high.

With Treasuries the key gauge for Federal Reserve policymakers when deciding interest rate hikes, markets are growing more concerned that the cost of borrowing will rise more than previously expected and in turn hit the economy.

Copyright AFP (Agence France-Press), 2018

Comments

Comments are closed for this article.