Monday, 19 August 2019

European stocks dip at open


LONDON: European stocks eased at the open Monday, with traders awaiting the UK government’s Brexit “Plan B” after the country’s parliament voted down Prime Minister Theresa May’s original EU divorce deal.

London’s benchmark FTSE 100 index dipped 0.1 percent to 6,964.28 points – its heavyweight mining sector knocked by news China’s economy grew at the slowest pace in 28 years.

In the eurozone, Frankfurt’s DAX 30 index shed 0.3 percent to 11,176.12 points and the Paris CAC 40 lost 0.2 percent to 4,865.79.

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