Europe’s indices open Tuesday weaker


By Mahmoud Gamal

Mubasher: The European indices initiated the mid-week trading session on a weaker note, timing with the re-fall of oil prices and disappointing economic results.

FTS Eurofirst 300 Index, FTSE100, as well as France’s CAC and Germany’s DAX dropped by 0.8%, 0.4%, and 0.8% correspondingly.

Europe’s equity markets extended the bear run that oil prices started on Tuesday as Brent and WTI crude oil fell by 1.9% to $34.02 a barrel and 2.07% to $32.70 respectively. 

MUBASHER Contribution Time: 23-Feb-2016 09:10 (GMT)