The Business Times

London stocks dip at open

Published Wed, Apr 19, 2017 · 08:15 AM
Share this article.

[LONDON] London's stock market fell slightly at the start of trading Wednesday, extending the previous session's sharp fall triggered by a rallying pound after Britain called a snap general election.

The British capital's benchmark FTSE 100 index dipped 0.1 per cent to 7,138.26 points in initial deals Wednesday, having closed down a hefty 2.5 per cent Tuesday.

In the eurozone, Frankfurt's DAX 30 index opened with a gain of 0.1 per cent to 12,014.03 points and the CAC 40 in Paris eased around 0.1 per cent to 4,987.29.

The eurozone's main indices had also fallen heavily Tuesday as trading resumed after the Easter break, as investors look ahead to France's tight presidential election on Sunday.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here