You are here

Europe: London stocks rise at open despite hung parliament

Friday, June 9, 2017 - 15:31


[LONDON] The London stock market rose in opening deals on Friday, as dealers eyed the tumbling pound after British Prime Minister Theresa May lost her parliamentary majority in a snap election.

The British capital's benchmark FTSE 100 index gained 0.6 per cent to 7,494.96 points in initial deals. In the eurozone, Frankfurt's DAX 30 index opened flat at 12,711.53 points but the Paris CAC 40 was 0.2 per cent higher at 5,275.99.


Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom