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Markets

European stock markets stable at open

Published Updated

imageLONDON: Europe's main stock markets opened steadily on Monday following losses across Asia, a traders looked ahead to key central bank meetings.

London's benchmark FTSE 100 index was almost flat at 6,307.89 points compared with Friday's closing level.

In the eurozone, Frankfurt's DAX 30 index edged up nearly 0.1 percent to 10,379.16 points and the Paris CAC 40 slid by around 0.2 percent in value to 4,561.92.

Asian markets sank again Monday after pre-weekend losses on Wall Street and in Europe, with oil prices down and the yen recovering some of the losses suffered at the end of last week.

Dealers moved cautiously at the start of a busy week that includes policy meetings at the US Federal Reserve and Bank of Japan as well as earnings reports from big-name firms.

Copyright AFP (Agence France-Presse), 2016

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