The FTSE100 index which previously closed on the level of 7,497.87 now opened at the level of 7,631.25. Despite being open on a positive note, the UK stocks start plunging just after the opening and trading around the 7,500.00 level. It is due because of the financial crisis in Turkey. Also, the index sank on Wednesday as emerging markets stress and sharp sell-off in commodities, drown down stocks across Europe.
On the other hand, the DAX index which opened nearly closed to the previous level of 12,163.01 to the level of 12,216.04. In a trading hour, it starts plunging and trading around the previous closing level of Dax.
However, the CAC40 which closed at the level of 5,305.21 to the level of 5,326.2 open with negative sentiment. In fact, the France equities were lower at the close on Wednesday, as losses in the Oil & Gas, Basic Material, and Consumer Goods among others.