The Business Times

Europe: Stocks slip at open

Published Thu, Apr 13, 2017 · 07:43 AM
Share this article.

[LONDON] Europe's main stock markets dipped about 0.2 per cent in opening trade Thursday in subdued deals before the long Easter holiday weekend.

London's benchmark FTSE 100 index drifted lower to 7,334.22 points compared with Wednesday's close.

In the eurozone, Frankfurt's DAX 30 declined to 12,137.57 points while the Paris CAC 40 nudged downwards to 5,090.48.

Asian markets were mostly weaker Thursday, as the dollar retreated following comments by US President Donald Trump expressing concern about a strong greenback.

Geopolitical tensions also continued to weigh on investor sentiment, as ties between the US and Russia turn increasingly frosty over Moscow's backing for Syrian President Bashar al-Assad.

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