Tue, 01 Dec 2020

European stock markets steady at open

27 Oct 2020, 19:12 GMT+10

European stock markets steadied at the start of trading Tuesday following hefty losses the previous session on soaring cases of coronavirus.

London's benchmark FTSE 100 index gained 0.1% to 5 796.53 points, having slumped 1.2% on Monday.

In the eurozone, Frankfurt's DAX 30 edged up 0.1% to 12 192.39 points and the Paris CAC 40 dipped 0.2% to 4 805.30.

Frankfurt plunged 3.7% Monday, weighed down also by a huge share price fall for German software giant SAP.

Source: News24

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