Europe: Stocks hesitant at open
[LONDON] Europe's main stock markets opened little changed Monday, with investors shrugging off the failed coup attempt in Turkey at the weekend.
London's benchmark FTSE 100 index dipped 0.2 per cent from Friday's close to 6,657.32 points.
In the eurozone, Frankfurt's DAX 30 added 0.1 per cent to 10,079.03 points and the Paris CAC 40 edged up 0.6 per cent to 4,375.09.
Markets appear to have been reassured by the failure of the military coup in Turkey at the weekend and the reimposition of order under President Recep Tayyip Erdogan.
But "this happening so soon after the tragic events in Nice last week simply adds to plentiful pre-existing geopolitical tension," noted analysts Mike van Dulken and Augustin Eden at Accendo Markets.
A 31-year-old Tunisian man rammed a 19-tonne truck into a crowd leaving a fireworks display in the French seaside city of Nice on Thursday night, killing 84 people and injuring about 300.
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
Why the yen is so weak and what that means for Japan
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce