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Europe: Stocks firm at open

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Europe's major stock markets rose in opening deals on Friday, with London's benchmark FTSE 100 index up 0.16 per cent to 6,406.10 points.

[LONDON] Europe's major stock markets rose in opening deals on Friday, with London's benchmark FTSE 100 index up 0.16 per cent to 6,406.10 points.

In the eurozone, Frankfurt's DAX 30 won 0.39 per cent to 10,842.52 points, and the Paris CAC 40 advanced 0.19 per cent to 4,895.03 compared with Friday's close.

"It's looking like a relatively uneventful start to the day's trade in London with the majority of stocks being little changed in early trade," noted TrustNet analyst Tony Cross.

"As it stands now, the FTSE 100 looks set to finish the week pretty much where it started." The region's equities had dipped Thursday after the US Federal Reserve hinted at a potential December interest rate rise, sparking fresh investor uncertainty.

News of a possible hike before year-end took the wind out of an advance across global markets in October supported by expectations that an increase would be delayed.

AFP

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