You are here

Europe: Stocks steady at open

Friday, January 20, 2017 - 16:51

40932508 - 21_12_2016 - MARKETS EUROPE STOCKS_.jpg

[LONDON] European stock markets steadied at the start of trading Friday and before Donald Trump's inauguration, with markets hoping that the US president's speech will expand on his planned economic policy.

London's FTSE 100 opened at 7,208.83 points, unchanged from the close on Thursday.

In the eurozone, Frankfurt's DAX 30 index eased 0.2 per cent to 11,568.90 points and the Paris CAC 40 dipped 0.1 per cent to 4,834.30.

"In focus today will be the inauguration of Donald Trump... with investors hoping that his speech comprehensively outlines his policy plans for the next four years," said Accendo Markets analyst Mike van Dulken.

"Financial deregulation, infrastructure spending and tax reforms will be the key policy topics markets will be hoping receive some dedicated airtime."

AFP

sentifi.com

Market voices on:

Nespresso
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 btsub.sg/btdeal

Powered by GET.comGetCom