European stocks extend slump at open

Frankfurt dived 3.6 percent and Paris shed 3.0 percent. Outside the eurozone, London lost 0.8 percent, with losses capped by strong share price gains for mining and oil giants on soaring metals and crude values.

AFP

March 07, 2022 / 13:52 IST

European stock markets plunged at the open Monday as investors pumped their money into assets deemed safer such as gold.

Frankfurt dived 3.6 percent and Paris shed 3.0 percent. Outside the eurozone, London lost 0.8 percent, with losses capped by strong share price gains for mining and oil giants on soaring metals and crude values.

AFP

first published: Mar 7, 2022 01:52 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347