Europe: Europe in the red, caution prevails


PARIS (Reuters) – The main European stock markets fell slightly on Monday in the first trades, in a market context still weighed down by the conflict in the Middle East and fears of its spread.

Caution also dominates ahead of a week rich in economic indicators and business results, not forgetting the meeting of the European Central Bank (ECB).

In Paris, the CAC 40 lost 0.19% to 6,803.48 points around 07:45 GMT. In London, the FTSE 100 fell 0.29% and in Frankfurt, the Dax fell 0.35%.

The EuroStoxx 50 index is down 0.22%, the FTSEurofirst 300 is down 0.18% and the Stoxx 600 is down 0.31%.

In terms of values, Dassault Aviation gained 2.1%, after information from La Tribune according to which Saudi Arabia asked the group for a costed proposal for the possible acquisition of 54 Rafale.

The listing of Maisons du Monde is suspended on a decline of 0.47% after already a suspension earlier in the session when the title soared up to 12% in the first exchanges. Contacted, Euronext had not yet responded to a request for comments.

(Written by Blandine Hénault, edited by Kate Entringer)

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