The major indices of European market which showed positivity in their previous trading sessions are now opened trading with negative sentiment. The FTSE 100 Index which opened trading with a positive bias in its previous trading session opened lowered below its previous close of 7,636.93 and plunged to a level of 7,579.75.
Similarly, another one of the major indices, DAX also opened trading with negative sentiment and lowered below its previous closing level of 12,306.00 and reached a level of 12,173.26. Not just that it also couldn’t sustain its opening level and falling even lower.
It looks like CAC 40 also following the footsteps of DAX and opened trading with negative sentiment and opened at the level of 5,264.4.
The European market couldn’t maintain its winning streak and fall in beginning period of July.