European stocks drop at open

Reported by AAP
Monday, February 9, 2015
Billionaire busts: The men who lost it allA Brazilian businessman has become a "negative billionaire" after his commodity empire collapsed following allegations of insider trading.

Europe's main stock markets have dipped at the start of trading, with London's benchmark FTSE 100 index down 0.53 per cent to 6,817.32 points.

Elsewhere, Frankfurt's DAX 30 slid 0.75 per cent on Monday to 10,765.21 points and the CAC 40 in Paris shed 0.83 per cent to 4,652.16 compared with Friday's close.

27/02/2015 11:26Sydney, Australia. 27 February,2015