Markets across Europe dip as EM sell-off continues

clock

Markets across the continent were lower in morning trading as investors reacted to heavy selling in emerging markets.

The FTSE 100 was off 0.2% at 6,487 points, while the German DAX was down 0.1% at 8,380 and the French CAC 40 was down 0.6% at 4,101, following the sell-off overnight. Emerging market stocks have suffered significant outflows in recent months, and shares fell for the third day in a row. Many Asian markets fell, with Taiwan, Korean and Indonesian indices suffering losses. The falls in emerging markets can be attributed partly to the US' plans to taper its stimulus measures this year, amid signs the country's economy has turned a corner. However, despite a general move to sell shar...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot