Business

European stocks waver at open

London down on latest unemployment data, Frankfurt and Paris edge higher

Updated 5 years ago · Published on 15 Dec 2020 4:24PM

European stocks waver at open
The rising unemployment rate in Britain dragged down investors on London’s benchmark FTSE 100, but the Paris CAC and Frankfurt’s DAX were up 0.1% in early trade. – Pixabay pic, December 15, 2020

LONDON – European stock markets opened on a mixed note today, with London down but Frankfurt and Paris edging higher.

In initial trade, London’s benchmark FTSE 100 shares index fell 0.2% to 6,519.14 points compared with yesterday's closing level, as investors digested news of Britain’s rising unemployment rate.

On the upside in the eurozone, the Paris CAC 40 index gained almost 0.1% to 5,532.91 points and Frankfurt’s DAX 30 increased by a similar proportion to stand at 13,232.91. – AFP, December 15, 2020

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