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European stocks open lower- DAX dented by SAP
The European stock markets have just reopened for live trade and the initial moves has seen the STOXX 50 slip right on the opening. All three major indexes have kicked off lower too and it is the DAX that is falling the most in percentage terms and that loss is being driven by a fall in the leading German tech outfit, SAP. The stock is down by more than 3.5% in early trading due to an apparent official probe into the company. So, the DAX has fallen below 18,850 in early trading and the opening below the lows seen yesterday, as noted here earlier is not a positive step for the index this morning. The DAX is currently trading at 18,848
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