The Daily Byte
Breaking
Welcome to The Daily Byte — real stories from across Pakistan.
Monday, 9 November 2026 · Pakistan

The Daily Byte

Stories from Pakistan that deserve to be heard
Minor Markets

FTSE 100 Falls 1% as European Stocks Slide on Friday

By The Daily Byte ·09 Nov 2026 ·2 min read
London Stock Exchange building with FTSE 100 share prices falling on trading screens

European stock markets ended last week sharply lower, with London's FTSE 100 falling 1.01% on Friday to 10,673.94 as investors sold shares after a turbulent week for global equities.

Germany's DAX tumbled 1.92% and France's CAC 40 fell 0.81% in the same session, as a sell-off in technology and artificial intelligence stocks spread from Wall Street to Europe. The declines left European markets in negative territory heading into the weekend.

Wall Street had ended Friday mixed. The technology-heavy Nasdaq gained 1.09% to close at 24,579.42 and the S&P 500 rose 0.31% to 7,376.86, while the Dow Jones Industrial Average fell 0.46% to 51,285.73.

London was called to open around 10 points lower on Monday, with traders watching a sharp slide in Bitcoin, which fell back below 90,000 dollars, and a raft of UK data due at 09:30 GMT, including mortgage approvals and the S&P Global manufacturing PMI for November.

Brent crude was trading at 97.32 dollars a barrel early on Monday, down 0.67%, after falling 16% last week, as traders weighed easing tensions between the United States and Iran against continued attacks on shipping in the Strait of Hormuz.

Asian markets were mixed in early Monday trading. Japan's Nikkei rose 2.37%, while Hong Kong's Hang Seng fell 1.27% and the Shanghai Composite lost 1.10%, leaving European traders with little clear direction at the open.