Business

European stocks drop at open; London FTSE loses 0.19%

LONDON: European stocks slid at the start of trading on Tuesday, extending this week’s losses, with London’s FTSE 100 index down 0.19 percent to 6,475.72 points.

Elsewhere, Frankfurt’s DAX 30 slipped 0.08 percent to 9,244.09 points and in Paris the CAC 40 reversed 0.40 percent to 4,177.20.

The region’s three main indices had also fallen on Monday, shedding some of last week’s bumper gains as investors took profits and digested weaker-than-expected data, dealers said.

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