European stocks drop at open

Europe's leading stock markets fell sharply at the start of trading on Wednesday after the previous day's rally.

London's FTSE 100 index slumped 1.23 percent to 6,461.78 points compared with Tuesday's close.

Frankfurt's DAX 30 shed 1.31 percent to 9,810.70 points and the CAC 40 in Paris slid 1.46 percent in value to 4,227.46.

European indices had risen strongly on Tuesday, helped by expectations that regional interest rates would remain at very low levels for some time against a backdrop of sliding inflation.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3711+0.0034+0.24%
    USDSGD=X
    1.5125-0.003-0.20%
    EURSGD=X
    2.0914+0.0036+0.17%
    GBPSGD=X
    87.6270+0.1078+0.12%
    SGDJPY=X
    5.6564-0.0139-0.24%
    SGDHKD=X
    2.6696-0.0043-0.16%
    SGDMYR=X
    9,504.0381+0.1250.00%
    SGDIDR=X
    4.5709-0.0112-0.24%
    SGDCNY=X
    1.0673-0.0019-0.18%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,197.50-3.40-0.28%
    GCJ15.CMX
    16.20+0.04+0.26%
    SIK15.CMX
    72.53-0.16-0.22%
    ^XAU
    2.65-0.01-0.26%
    HGK15.CMX
    50.92-0.61-1.18%
    CLJ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.57-0.03
    ^FVX
    2.11-0.01
    ^TNX
    2.720.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    100.015+0.0010.00%
    41H.SI
    0.139+0.004+2.96%
    5GB.SI
    0.280.000.00%
    5WA.SI
    0.41-0.02-3.53%
    E5H.SI
    0.95-0.01-1.55%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.22+0.03+15.79%
    B26.SI
    0.114+0.009+8.57%
    5TN.SI
    0.128+0.010+8.47%
    5G2.SI
    0.235+0.015+6.82%
    D79.SI
    0.695+0.035+5.30%
    TI6.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.11-0.02-14.73%
    5MD.SI
    0.61-0.06-9.63%
    O9E.SI
    0.20-0.02-9.09%
    B1N.SI
    0.21-0.02-8.70%
    5G1.SI
    0.305-0.025-7.58%
    T4B.SI