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10/30, 9:03 AM (Source: TeleTrader)
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European markets open in red as virus worries mount

Major European markets started Friday’s session in the red following a decline in premarket trade, as investors mainly focused on the decision of the European Central Bank to keep key interest rates at current levels, while the number of European countries imposing further counter-COVID restriction measures keeps growing.

The DAX was down 1.03% at 9:03 am CET as HeidelbergCement dipped over 1%. The CAC 40 opened 0.98% lower with Unibail-Rodamco-Westfield leading the losses. The FTSE 100 started 0.70% in the red; Rolls-Royce was the worst performer, losing over 2%.

The euro was virtually flat against the dollar at 9:19 am CET, buying 1.16758. The pound declined 0.02% against the greenback, to go for 1.29275.

Breaking the News / CG