53m ago

European stock markets steady at open

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An European Union flag is seen outside the EU Commission headquarters in Brussels, prior to a meeting between Britain's Secretary of State for Exiting the EU Dominic Raab and EU's chief Brexit negotiator Michel Barnier, Belgium October 14, 2018. REUTERS/Francois Lenoir
An European Union flag is seen outside the EU Commission headquarters in Brussels, prior to a meeting between Britain's Secretary of State for Exiting the EU Dominic Raab and EU's chief Brexit negotiator Michel Barnier, Belgium October 14, 2018. REUTERS/Francois Lenoir

European stock markets steadied at the start of trading Tuesday following hefty losses the previous session on soaring cases of coronavirus.

London's benchmark FTSE 100 index gained 0.1% to 5 796.53 points, having slumped 1.2% on Monday.

In the eurozone, Frankfurt's DAX 30 edged up 0.1% to 12 192.39 points and the Paris CAC 40 dipped 0.2% to 4 805.30.

Frankfurt plunged 3.7% Monday, weighed down also by a huge share price fall for German software giant SAP.

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