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9/20, 7:37 AM (Source: TeleTrader)
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Europe lower premarket ahead of DAX expansion

Major stock indexes in Europe traded in red premarket on Monday with today's revamp of Germany's DAX in focus. Over the weekend, Lufthansa AG reported it has approved a capital increase of €2.1 billion.

The FTSE 100 dropped 0.65% below the flatline at 7:36 am CET, while the DAX and the CAC 40 both lost 0.84% at the same time.

The euro was flat against the greenback at 7:37 am CET, changing hands for 1.17170. The pound decreased 0.20% concurrently to sell for 1.37100 dollars.

Breaking the News / MD