9/20/2021, 9:02 AM (Source: TeleTrader)
more TeleTrader news

Europe opens lower as DAX expands

Major stock markets in Europe opened lower on Monday, as the German stock index DAX added ten more companies to its portfolio. In business, Lufthansa announced it would increase its capital by €2.1 billion. Meanwhile, Germany's producer prices rose in August and investors will keep an eye out on the fallout from the AUKUS security deal.

The DAX started 1.61% in the red, with Heidelbergcement falling 4.36%. The FTSE 100 was down by 0.45% at the opening bell, as Glencore decreased 3.96%. The CAC 40 began 1.59% lower, with ArcelorMittal losing 6.01%.

The euro dropped 0.07% against the dollar trading for $1.17172 at 9:04 am CET, while the pound declined 0.37% against the American currency going for $1.36856 a minute later.

Baha Breaking News (BBN) / OL