European stocks drop on commodity share weakness

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Stock markets across Europe fell in early trading with commodity shares leading the way lower.

    At the time of writing, Euro Stoxx 50 index was down 0.66%. Germany’s DAX and France’s CAC were down 0.32% and 0.68% respectively. UK’s mining heavy FTSE index was down 0.66% as well.

    Names like UK’s Glencore, Rio Tinto, Norway’s Subsea 7 and Stat Oil were down 2% to 3.5%. Denmark’s Genmab was the top gainer; up 3.7% on the day. Germany’s Lufthansa AG was up 1.00%.
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