LONDON, (APP/AFP) – European stock markets
slid on Thursday following losses across Asia and on Wall Street
caused by a fresh slump in oil prices, analysts said.
After recovering Wednesday as airline and travel stocks
rebounded from sharp falls caused by the deadly Brussels attacks,
markets headed south once more ahead of the Easter break with
miners taking a hit also, on falling metals prices.
Around 1100 GMT, London’s benchmark FTSE 100 was down
1.3 percent compared with Wednesday’s close.
In the eurozone, Frankfurt’s DAX 30 shed 1.4 percent and
the Paris CAC 40 dropped 1.9 percent.
News that consumer confidence in Germany is beginning to
feel the heat from global economic risks and a poorer retail
picture in Britain added to the downbeat sentiment, traders
said.
In foreign exchange, the euro dropped against the
dollar.