European stock markets follow sharp losses in Asia and overnight on Wall Street

London, March 19 (AFP/APP): European stock markets slid at the open Friday following sharp losses in Asia and overnight on Wall Street owing to escalating fears of high inflation that could hinder economic recovery from the pandemic.

London’s benchmark FTSE 100 index shed 1.2 percent to 6,698.58 points.

In the eurozone, Frankfurt’s DAX 30 index lost 0.6 percent to 14,694.95 points and the Paris CAC 40 retreated 0.7 percent to 6,019.31.

Hong Kong shares end the week with a big loss

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