BR100 Decreased By (-0.35%)
BR30 Decreased By (-0.14%)
KSE100 Decreased By (-0.13%)
KSE30 Decreased By (-0.2%)
AGHA 7.77 Decreased By ▼ -0.04 (-0.51%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.96 Increased By ▲ 0.46 (0.8%)
BOP 34.12 Increased By ▲ 0.09 (0.26%)
CNERGY 10.02 Increased By ▲ 0.06 (0.6%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.68 Decreased By ▼ -0.02 (-0.04%)
FFL 16.62 Decreased By ▼ -0.07 (-0.42%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 7.30 Decreased By ▼ -0.10 (-1.35%)
KOSM 5.81 Increased By ▲ 0.04 (0.69%)
LOTCHEM 29.42 Increased By ▲ 0.10 (0.34%)
MLCF 94.10 Decreased By ▼ -0.26 (-0.28%)
NBP 202.00 Decreased By ▼ -1.05 (-0.52%)
NCPL 57.10 Increased By ▲ 0.10 (0.18%)
NPL 67.58 Decreased By ▼ -0.12 (-0.18%)
OGDC 316.35 Increased By ▲ 0.51 (0.16%)
PACE 10.60 Decreased By ▼ -0.04 (-0.38%)
PAEL 43.10 Decreased By ▼ -0.10 (-0.23%)
PIBTL 16.68 Decreased By ▼ -0.06 (-0.36%)
PPL 219.00 Decreased By ▼ -0.78 (-0.35%)
PRL 49.98 Increased By ▲ 0.79 (1.61%)
PTC 70.90 Increased By ▲ 0.37 (0.52%)
SSGC 27.75 Decreased By ▼ -0.50 (-1.77%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.74 Decreased By ▼ -0.05 (-0.57%)
TPL 18.35 Increased By ▲ 0.11 (0.6%)
TPLP 13.45 Increased By ▲ 0.18 (1.36%)
TREET 22.67 Decreased By ▼ -0.05 (-0.22%)
TRG 60.15 Increased By ▲ 0.01 (0.02%)
Markets

European stock markets steady at open

Published Updated

imageLONDON: Europe's main stock markets were steady at the start of trading on Thursday, with investors awaiting the outcomes of key meetings of the ECB and OPEC in Vienna.

London's benchmark FTSE 100 index rose 0.2 percent to 6,201.97 points compared with Wednesday's close.

Frankfurt's DAX 30 eased 0.1 percent to 10,199.20 points and the CAC 40 in Paris dipped 0.2 percent to 4,468.84.

The European Central Bank, expected to hold fire on monetary policy at its meeting in the Austrian capital Thursday, will likely focus instead on welcoming Greece back into the fold of fully-fledged eurozone borrowers after a bailout deal, analysts said.

After months of fighting the threat of deflation in the single currency area, the European Central Bank could even upgrade its inflation forecasts for the first time in a long time, ECB watchers said.

Also in Vienna on Thursday, OPEC is expected to keep the oil gushing as a modest recovery in the crude price eases pressure on the divided cartel to cut or freeze output.

Markets were gearing up also for key US jobs data due Thursday and Friday.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed for this article.