European markets start in the red

Monday, 21. August 2017 09:01

Markets in Europe opened in the red on Monday after the United States and South Korea began annual military drills amid tensions on the Korean Peninsula. North Korea has branded the exercises "hostile," while Seoul insisted the drills were defensive and warned Pyongyang to stop with "provocations."

The FTSE 100 declined 0.24% at 9:00 am CET. British Land Company pulled the index down as it shed 1.15% at 9:02 am CET.

The DAX fell 0.47% at 9:00 am CET. Vonovia was the worst performer as it decreased 0.67% at 9:06 am CET.

The CAC 40 lost 0.44% at 9:01 am CET. BNP Paribas led the losses as it slid 1.02% at 9:01 am CET.

The euro was down 0.18% against the dollar to sell for 1.1739 at 9:08 am CET.

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Author:
Breaking the News / NP