European stocks extend slump at open

World

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 / 01:52 PM 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.

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