BUSINESS European stock markets halt sharp losses at open


European stock markets halt sharp losses at open


15:24, May 30, 2018


File Photo

European stock markets largely steadied at the open on Wednesday following the previous session's sharp losses triggered by political turmoil in Italy.

London's benchmark FTSE 100 index was fractionally lower at 7,633.72 points, having shed 1.3 percent Tuesday.

In the eurozone, Frankfurt's DAX 30 dropped 0.2 percent to 12,693.33 points and the Paris CAC 40 lost 0.3 percent to 5,420.15 -- having each shed a similar amount to London on Tuesday.

Milan's FTSE MIB was up 0.3 percent in initial deals having tumbled 2.7 percent Tuesday.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue