BR100 Decreased By (-0.37%)
BR30 Decreased By (-0.27%)
KSE100 Decreased By (-0.3%)
KSE30 Decreased By (-0.38%)
AGHA 7.70 Decreased By ▼ -0.11 (-1.41%)
BECO 5.18 Decreased By ▼ -0.03 (-0.58%)
BML 57.58 Increased By ▲ 0.08 (0.14%)
BOP 34.20 Increased By ▲ 0.17 (0.5%)
CNERGY 10.16 Increased By ▲ 0.20 (2.01%)
CSIL 5.30 Decreased By ▼ -0.01 (-0.19%)
FCCL 54.47 Decreased By ▼ -0.23 (-0.42%)
FFL 16.63 Decreased By ▼ -0.06 (-0.36%)
FNEL 1.23 No Change ▼ 0.00 (0%)
KEL 7.28 Decreased By ▼ -0.12 (-1.62%)
KOSM 5.78 Increased By ▲ 0.01 (0.17%)
LOTCHEM 29.33 Increased By ▲ 0.01 (0.03%)
MLCF 93.34 Decreased By ▼ -1.02 (-1.08%)
NBP 203.00 Decreased By ▼ -0.05 (-0.02%)
NCPL 57.07 Increased By ▲ 0.07 (0.12%)
NPL 67.68 Decreased By ▼ -0.02 (-0.03%)
OGDC 315.84 No Change ▼ 0.00 (0%)
PACE 10.64 No Change ▼ 0.00 (0%)
PAEL 42.81 Decreased By ▼ -0.39 (-0.9%)
PIBTL 16.73 Decreased By ▼ -0.01 (-0.06%)
PPL 218.94 Decreased By ▼ -0.84 (-0.38%)
PRL 51.67 Increased By ▲ 2.48 (5.04%)
PTC 70.59 Increased By ▲ 0.06 (0.09%)
SSGC 27.60 Decreased By ▼ -0.65 (-2.3%)
TBL 9.79 Decreased By ▼ -0.07 (-0.71%)
TELE 8.72 Decreased By ▼ -0.07 (-0.8%)
TPL 18.55 Increased By ▲ 0.31 (1.7%)
TPLP 13.57 Increased By ▲ 0.30 (2.26%)
TREET 22.64 Decreased By ▼ -0.08 (-0.35%)
TRG 60.05 Decreased By ▼ -0.09 (-0.15%)
Markets

European stock markets fall at open

Published Updated

imageLONDON: Europe's main stock markets fell at the start of trading on Thursday as investors digested Federal Reserve signals on the pace of future US interest rate rises.

London's benchmark FTSE 100 index dipped by a few points to 7,187.80 points, compared with the closing level on Wednesday which was a fifth record high finish in a row.

In the eurozone Thursday, Frankfurt's DAX 30 index opened with a loss of 0.4 percent at 11,584.3 points and the Paris CAC 40 dropped 0.4 percent to 4,881.72.

US central bankers on Wednesday hinted that they may need to raise interest rates faster than planned owing to "considerable uncertainty" linked to US President-elect Donald Trump's fiscal stimulus plans that risks fanning inflation.

This was according to minutes of the final 2016 policy meeting in December at which the US central bank lifted rates.

Wall Street stocks won solid gains Wednesday in the wake of the Fed's update, while Tokyo shares ended flat Thursday.

Copyright AFP (Agence France-Press), 2017

Comments

Comments are closed for this article.