European shares slide despite Nasdaq record; German exports collapse – business live

Posted by on June 9, 2020 3:25 am
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Categories: Global Stories

8.25am BST

Germany’s Dax has dipped into negative territory while the FTSE 100 in London is down nearly 30 points, or 0.45%, at 6,443.

Germany’s Ifo institute says that 24% of companies it polled needed liquidity aid in May to help them get through the coronavirus crisis, the same proportion as in April.

8.05am BST

European shares are mixed at the open. The FTSE 100 index in London is down some 15 points, or 0.2%, at 6,458, and Spain’s Ibex also slipped 0.2%. Germany’s Dax is up 0.3%, France’s CAC gained 0.2% and Italy’s FTSE MiB has opened 0.16% higher.

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