European markets slump amid emerging-market currency fear
Italian index loses 2.3%
24 January, 19:54
The Frankfurt Dax bourse dropped 2.5% to 9,392, while the Paris Cac 40 index fell 2.8% to 4,161 points. Madrid's Ibex index declined 3.6% to 9,868 points and London's Ftse-100 stock market decreased 1.6% to 6,663 points.