European stock markets drop at open

In the eurozone, Frankfurt’s DAX 30 index slipped 0.3 per cent to 13,942.09 points and the Paris CAC 40 declined 0.5 per cent to 5,653.82. ― Reuters pic

LONDON, Jan 15 — Europe’s main stock markets lost ground in opening deals today, as investors took profits after solid gains the previous day.

London’s benchmark FTSE 100 index of major blue-chip companies fell 0.3 per cent to 6,780.84 points, dented also by news that the UK economy slumped 2.6 per cent in November from October.

In the eurozone, Frankfurt’s DAX 30 index slipped 0.3 per cent to 13,942.09 points and the Paris CAC 40 declined 0.5 per cent to 5,653.82. — AFP

Source: Malay Mail