Traders works at the stock exchange in Frankfurt am Main, western Germany, on February 24, 2022. European stock markets tumbled after Russia launched an attack on neighbouring Ukraine. (Photo by Daniel ROLAND / AFP)
London, United Kingdom — Europe’s stock markets slid in opening deals on Monday as investors fretted over French political uncertainty, following snap elections in which a hung parliament appeared the likeliest outcome.
In the eurozone, the Paris CAC 40 benchmark stocks index sank 0.4 percent and Frankfurt’s DAX shed 0.1 percent, while London’s FTSE 100 index was down 0.3 percent in value. The euro meanwhile stumbled against the dollar and pound.
But after half an hour of trading the Paris CAC 40 had erased the losses and had edged into positive territory, as had Frankfurt’s DAX.
READ: Euro slips in Asian trade after snap French poll
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