Europe: London stocks dip on news of Brexit extension
[LONDON] London stocks slid in opening deals on Thursday, but Frankfurt and Paris rose as investors digested news that Brexit has been delayed by up to six months.
European leaders have agreed with British Prime Minister Theresa May to delay Brexit until October 31 at the latest, saving the continent from a chaotic no-deal departure on Friday.
In initial deals on Thursday, London's benchmark FTSE 100 index was 0.1 per cent lower at 7,414.58 points.
In the eurozone, Frankfurt's DAX 30 index gained almost 0.1 per cent to 11,915.06 points and the Paris CAC 40 jumped 0.4 per cent to 5,474.33 compared with Wednesday's closing levels.
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
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data