It is a second consecutive session where the DAX index opened on a negative note at the level of 12,009.42 from its previous closing level of 12,040.46. However, just after the opening, it starts plunging and trading lower below 12,000.
Yesterday, Germany shares lower at the close of trade due to losses in the Software, Technology, and Telecom sectors.
On the other hand, the UK stock (FTSE 100) opened mildly below its previous closing level of 7,365.75 to the level of 7,383.28. It is sustain trading near its opening level. Even looks like CAC 40 also following the footsteps of FTSE 100 and opened mildly below its previous closing level of 5,260.21 to 5,254.7.
Taking a cue from the European market, it is expected to see some influence in the global market.