FTSE 100 follows Asian stocks lower on property market jitters

European stocks follow Asia lower on property market jitters. Photo: STR / AFP/ China OUT (Photo by STR/AFP via Getty Images)

Chinese property developer Evergrande sent shockwaves through stock markets on Monday morning. Photo: STR/AFP via Getty

European stocks fell at the open on Monday morning in London following news of an energy market crunch in Europe and sharp losses in Asia as investors fled from property stocks. 

The FTSE 100 (^FTSE) was 1.6% lower by mid-morning in London. Germany’s DAX (^GDAXI) and France’s CAC (^FCHI) both fell around 2.3%. 

Investors in the UK were watching for movement in the UK energy…


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