Europe: Stocks weaken at open
[LONDON] Europe's stock markets dipped in opening trade on Wednesday, with London's benchmark FTSE 100 index of top companies down 0.19 per cent to 6,740.69 points.
In Frankfurt the DAX 30 fell 0.28 per cent to 10,970.41 points and the CAC 40 in Paris shed 0.40 per cent to 4,831.03 compared with the closing levels on Tuesday.
European equities also retreated Tuesday as investors tracked the latest news on stalled Greek debt talks, while HSBC bank slid on revelations of a radical overhaul.
Later on Wednesday, Greek Prime Minister Alexis Tsipras was expected to meet with Angela Merkel in Brussels after the EU's top official for the euro said a breakthrough bailout deal could be "days" away.
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
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Hong Kong Stock Exchange bids farewell to first woman chair
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
Asia: Stocks rise on earnings optimism as US data approaches
Singapore stocks climb at Wednesday’s open; STI up 0.4%