European markets drop

Business | 25 Jan 2021 7:26 pm

A raft of European indices, which opened in positive territory at the market open, have since tumbled into the red.

The FTSE 100 is down by nearly 0.3 percent, with British Airways owner IAG one of the biggest fallers down by 7.3 percent. Its shares are surely not being helped by speculation about tighter travel restrictions, The Guardian reports.

The FTSE 250 is down by 0.2 percent. Germany’s DAX is down by 0.2 percent, while the French CAC has dropped 0.4 percent.

Italy’s FTSE MIB is still in positive territory, up 0.15 percent.

 



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