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Markets

European stocks firm at open

Published October 30, 2015 Updated October 30, 2015 10:01am

imageLONDON: Europe's major stock markets rose in opening deals on Friday, with London's benchmark FTSE 100 index up 0.16 percent to 6,406.10 points.

In the eurozone, Frankfurt's DAX 30 won 0.39 percent to 10,842.52 points, and the Paris CAC 40 advanced 0.19 percent to 4,895.03 compared with Friday's close.

"It's looking like a relatively uneventful start to the day's trade in London with the majority of stocks being little changed in early trade," noted TrustNet analyst Tony Cross.

"As it stands now, the FTSE 100 looks set to finish the week pretty much where it started."

The region's equities had dipped Thursday after the US Federal Reserve hinted at a potential December interest rate rise, sparking fresh investor uncertainty.

News of a possible hike before year-end took the wind out of an advance across global markets in October supported by expectations that an increase would be delayed.

Copyright AFP (Agence France-Presse), 2015

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