ROME: Europe’s main stock markets have fallen at the start of trade with Frankfurt hit by plunging Volkswagen shares on the back of a false emissions scandal in the United States.
In opening deals on Monday, Frankfurt’s benchmark DAX 30 fell 0.80 per cent to 9,837.13 points, as Volkswagen stock shed more than 13 per cent in value.
Elsewhere, London’s FTSE 100 index dipped 0.14 per cent at 6,095.59 points and the CAC 40 in Paris slid 0.21 per cent to 4,526.28, compared with Friday’s close.
Volkswagen shares dived after it emerged over the weekend that some of its diesel cars in the United States had been fitted with software that gave false emissions data.
