BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)
Markets

European stock markets slip at open

Published Updated

imageLONDON: Europe's main stock markets fell slightly at the start of trading on Monday, with London's benchmark FTSE 100 index dipping 0.10 percent to 6,689.93 points.

Frankfurt's DAX 30 shed 0.12 percent to 11,295.50 and in Paris the CAC 40 slipped 0.11 percent to 5,076.80 compared with Friday's close.

The Athens stock exchange reopens Monday at 0730 GMT after a five-week shutdown over the country's debt crisis, with traders bracing for a volatile session.

Bank shares are expected to be particularly affected as the country's lenders are in a vulnerable position because of outflows of billions of euros from deposits over the past six months.

In London, shares in HSBC were up 1.21 percent at 586.70 pence in opening deals after the British banking giant announced the sale of its Brazil business. HSBC also posted a drop in quarterly net profits.

Asian stock markets mostly fell Monday following disappointing Chinese manufacturing figures and a drop on Wall Street ahead of the weekend.

The survey of Chinese manufacturing activity showed a drop to a two-year low in July, suggesting the world's second largest economy faces challenges in the third quarter.

Wall Street closed lower on Friday following poor earnings from energy groups ExxonMobil and Chevron and a fall in oil prices, traders said.

Copyright AFP (Agence France-Presse), 2015

Comments

Comments are closed for this article.