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European stocks drop at open; London loses 0.53%

Europe's main stock markets dipped at the start of trading on Monday, with London's benchmark FTSE 100 index down 0.53 percent to 6,817.32 points.

Elsewhere, Frankfurt's DAX 30 slid 0.75 percent to 10,765.21 points and the CAC 40 in Paris shed 0.83 percent to 4,652.16 compared with Friday's close.

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