The Business Times

Europe: Stocks steady at open

Published Mon, Apr 4, 2016 · 07:37 AM
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[LONDON] Europe's main stock markets opened steady on Monday after mostly sliding during the previous session.

London's benchmark FTSE 100 index edged up 0.1 per cent to 6,150.55 points compared with Friday's close.

In the eurozone, Frankfurt's DAX 30 index dipped 0.1 per cent to 9,789.77 points and the Paris CAC 40 slipped 0.3 per cent to 4,311.19.

Eurozone stocks had slumped Friday on the first day of the second quarter as falling oil prices and renewed economic concerns in Japan hurt sentiment.

On Monday, a brief rally in Tokyo shares fizzled with the benchmark index falling for the fifth straight session as a stronger yen weighed, traders said.

Tokyo dived into negative territory in afternoon trading, having ended the morning in the black following pre-weekend gains on Wall Street following upbeat US jobs and manufacturing data.


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