paris frankfurt stocks markets dip more than 3
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Paris, Frankfurt stocks markets dip more than 3%

Egypt Today, egypt today

Egypt Today, egypt today Paris, Frankfurt stocks markets dip more than 3%

Shares on the French and German stock exchanges have fallen sharply
Paris - AFP

Shares on the French and German stock exchanges fell sharply in early trading Thursday, dipping below three percent, over oil price worries and after Federal Reserve boss Janet Yellen raised concerns about the global economy.

At 0830 GMT, France's main CAC 40 index was 2,57 percent lower, at 3,956.73 points, after falling briefly more than three percent.

The DAX fell by 3.3 percent to an intraday low of 8,719.79 points. At 0845 GMT, it was showing a loss of 2.64 percent, at 8,779.11. Deutsche Bank was the biggest loser, shedding 6.04 percent to 13.7 euros.

Shares in the bank rocketed up more than 16 percent Wednesday on speculation Germany's biggest lender may launch a bond buyback to assuage concerns about its financial strength.

Elsewhere in Europe, shares in Milan plunged more than 5.0 percent Thursday, pulled lower by banking shares. The main Madrid bourse also briefly lost more than three percent shortly after opening before slightly rebounding.

On Wednesday, European stocks ended a three-day losing streak as banking shares rallied.

But Asian markets extended their rout and the dollar hit 15-month lows against the yen Thursday after Yellen's comments essentially quashed the chances of another US rate hike any time soon.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

paris frankfurt stocks markets dip more than 3 paris frankfurt stocks markets dip more than 3



GMT 09:51 2016 Tuesday ,29 March

Back to drawing board for new father Murray

GMT 09:17 2017 Monday ,13 February

RAK police seek help to locate missing girl

GMT 21:52 2011 Monday ,08 August

Leverkusen\'s Giefer hospitalised

GMT 23:05 2017 Wednesday ,25 January

Millions travel for China’s Lunar New Year festival

GMT 23:06 2017 Tuesday ,24 January

Pakistan military tests nuclear-capable missile

GMT 11:34 2017 Tuesday ,14 February

Artist makes NY fashion week debut on a bus

GMT 14:35 2018 Monday ,22 January

Azza Fahmy Jewellery announces UK store launch

GMT 07:41 2014 Wednesday ,19 March

Nail brand The Lacquer Lab launches

GMT 15:19 2011 Tuesday ,02 August

Orwellian Barton forced to train alone by Newcastle

GMT 12:25 2016 Wednesday ,14 December

Evaluation of Participating Companies Goes in Full Swing

GMT 13:37 2017 Monday ,25 December

Abducted Yemenis kept in chains in Houthi jails
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday