You are here

Europe: Stocks open mixed on BoJ news

10_39199751 - 25_07_2016 - UK LSE.jpg

[LONDON] European stocks diverged at the open Friday in subdued deals as traders expressed disappointment at the Bank of Japan's "moderate" stimulus announcement.

In initial deals, London's FTSE 100 index slid almost 0.1 per cent to 6,716.38 points compared with the close on Thursday.

In the eurozone, Frankfurt's DAX 30 firmed 0.5 per cent to 10,320.82 points and the Paris CAC 40 added just 0.2 per cent to 4,429.49.

"A moderate stimulus package from the Bank of Japan overnight got the final trading day of the week off to a disappointing start," said analyst Craig Erlam at trading firm Oanda.