Europe: Equity markets diverge at open

[LONDON] Europe's main stock markets opened mixed on Wednesday after Asia and Wall Street grappled with elevated inflation and expected interest rate hikes amid easing Omicron virus fears.

In initial trade, London's benchmark FTSE 100 index slid almost 0.3 per cent to 7,486.73 points compared with the closing level on Tuesday.

On the upside in the eurozone, Frankfurt's DAX index climbed 0.2 per cent to 16,177.89 points and the Paris CAC 40 also rose 0.2 percent to 7,331.75.

AFP