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Europe: Equities stable at open

[LONDON] Europe's stock markets held steady in opening deals on Monday, after a flat performance across most of Asia.

London's benchmark FTSE 100 index of major blue-chip companies dropped almost 0.1 per cent to 7,555.11 points and the Paris CAC 40 shed 0.2 per cent to 5,507.07.

Frankfurt's DAX 30 index declined by about 0.1 per cent to stand at 13,459.42 points, compared with the closing level on Friday.

Asian equities were largely flat on Monday, as US President Donald Trump lashed out at "unfair" trade practices and China's central bank chief condemned excessive debt.

The twin warnings cancelled out positive leads from commodity and share markets - after Wall Street set new records Friday - and a weaker yen.

AFP

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