Markets

European stock markets steady at open

Published June 30, 2017 Updated June 30, 2017 12:25pm

London's benchmark FTSE 100 index opened with a loss of 0.1 percent at 7,342.26 points.

In the eurozone, Frankfurt's DAX 30 gained 0.1 percent to 12,424.50 points and the CAC 40 in Paris edged up 0.1 percent to 5,157.59 points compared with the closing levels on Thursday.

Frankfurt and Paris had closed down almost two percent Thursday on concerns that central banks are preparing to scale back stimulus measures, such as record-low interest rates, in reaction to solid economic growth and high inflation.

 

Copyright AFP (Agence France-Press), 2017