Thu, May 17, 2012, 3:38 AM SGT - Singapore Markets open in 5 hrs 22 mins

European stocks dip at open as banks report losses

Europe's main stock markets eased at the start of trading on Thursday as attention turned to news of heavy earnings losses at some of the region's biggest banks.

London's FTSE 100 index nudged down 0.03 percent to 5,914.85 points, Frankfurt's DAX 30 dipped 0.07 percent to 6,843.87 points and in Paris the CAC 40 lost 0.28 percent to 3,437.77.

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