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Markets

European stocks sag at open

London's benchmark FTSE 100 index of major blue-chip companies fell 0.4 percent to 5,765.94 points compared with Tu
15 Apr 2020
  • London's benchmark FTSE 100 index of major blue-chip companies fell 0.4 percent to 5,765.94 points compared with Tuesday's closing level.
  • Milan's FTSE Mib slid 0.5 percent to 17,479.56 and Madrid's IBEX 35 dropped 0.5 percent to 7,070.50 points.

LONDON: Europe's stock markets lost ground in opening deals on Wednesday, after a subdued session in Asia and despite an overnight rally on Wall Street.

In initial deals, London's benchmark FTSE 100 index of major blue-chip companies fell 0.4 percent to 5,765.94 points compared with Tuesday's closing level.

In the eurozone, Frankfurt's DAX also dipped 0.4 percent to 10,659.00 points and the Paris CAC 40 erased 0.2 percent to stand at 4,517.06.

Milan's FTSE Mib slid 0.5 percent to 17,479.56 and Madrid's IBEX 35 dropped 0.5 percent to 7,070.50 points.