Markets

Paris, Madrid stocks down more than 3pc as oil drops back under $30

Published February 2, 2016 Updated February 2, 2016 04:38pm

1 min

By Shoaib Ur Rehman

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PARIS: The Paris and Madrid stock exchanges fell more than 3 percent in afternoon trading on Tuesday as Brent crude oil prices briefly fell below $30 per barrel.

The CAC 40 index was down 3.1 percent at 4,256.35 points, while Madrid's IBEX 35 was down 3.4 percent at 9,491.9 points.

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