AIRLINK 70.01 Decreased By ▼ -3.05 (-4.17%)
BOP 4.89 Decreased By ▼ -0.20 (-3.93%)
CNERGY 4.28 Decreased By ▼ -0.09 (-2.06%)
DFML 30.75 Decreased By ▼ -1.70 (-5.24%)
DGKC 76.29 Increased By ▲ 0.80 (1.06%)
FCCL 19.70 Increased By ▲ 0.18 (0.92%)
FFBL 34.35 Decreased By ▼ -1.80 (-4.98%)
FFL 9.12 Decreased By ▼ -0.10 (-1.08%)
GGL 9.80 Decreased By ▼ -0.05 (-0.51%)
HBL 113.15 Decreased By ▼ -3.55 (-3.04%)
HUBC 132.45 Decreased By ▼ -0.24 (-0.18%)
HUMNL 6.98 Decreased By ▼ -0.12 (-1.69%)
KEL 4.22 Decreased By ▼ -0.19 (-4.31%)
KOSM 4.25 Decreased By ▼ -0.15 (-3.41%)
MLCF 36.09 Decreased By ▼ -0.11 (-0.3%)
OGDC 132.50 Decreased By ▼ -1.00 (-0.75%)
PAEL 22.18 Decreased By ▼ -0.42 (-1.86%)
PIAA 24.22 Decreased By ▼ -1.79 (-6.88%)
PIBTL 6.46 Decreased By ▼ -0.09 (-1.37%)
PPL 116.98 Increased By ▲ 1.67 (1.45%)
PRL 25.55 Decreased By ▼ -1.08 (-4.06%)
PTC 13.32 Decreased By ▼ -0.78 (-5.53%)
SEARL 52.06 Decreased By ▼ -1.39 (-2.6%)
SNGP 67.85 Increased By ▲ 0.60 (0.89%)
SSGC 10.53 Decreased By ▼ -0.17 (-1.59%)
TELE 8.35 Decreased By ▼ -0.07 (-0.83%)
TPLP 10.78 Increased By ▲ 0.03 (0.28%)
TRG 59.62 Decreased By ▼ -4.25 (-6.65%)
UNITY 25.21 Increased By ▲ 0.09 (0.36%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,387 Decreased By -74.5 (-1%)
BR30 23,892 Decreased By -279.4 (-1.16%)
KSE100 70,664 Decreased By -438.9 (-0.62%)
KSE30 23,249 Decreased By -146 (-0.62%)

European stocks were slightly lower in early trading on Thursday, as fears of a global recession and the impact of a disorderly Brexit kept investors away from risky assets.

Prime Minister Boris Johnson decided to suspend Britain's parliament for more than a month before Brexit, a move that will limit the time opponents have to derail a disorderly Brexit and increases the chance that Johnson could face a vote of no-confidence in his government.

However, the fall in the pound helped Britain's FTSE 100  rise 0.14% and outperform the pan-European STOXX 600 index, which was flat by 0710 GMT.

Meanwhile, the Trump administration on Wednesday officially stamped its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15, the latest move in a trade war between the two countries that has entered its second year.

British IT group Micro Focus slumped 24% after it warned on profit, citing lower spending by clients.

Copyright Reuters, 2019

Comments

Comments are closed.