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European stocks mostly steady at open, before ECB

Thursday, July 21, 2016 - 15:25

[LONDON] Europe's main stock markets were largely steady at the start of trading on Thursday, with investors looking ahead to a monetary policy update from the ECB.

London's benchmark FTSE 100 index dipped 0.1 per cent to 6,724.90 points.

In the eurozone, Frankfurt's DAX 30 gained 0.5 per cent to 10,195.31 points and the Paris CAC 40 edged up 0.1 per cent to 4,382.16 compared with the close on Wednesday.

The European Central Bank is not expected to announce any new measures at its regular policy meeting on Thursday, but could flag fresh stimulus in September as the real economic fallout from Brexit makes itself felt, analysts said.

AFP

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