European equities waver at open

MG News | October 11, 2021 at 12:43 PM GMT+05:00

0:00

October 11, 2021: European stock markets wavered in opening deals on Monday, as dealers mulled disappointing US jobs data.

In initial trade, London's benchmark FTSE 100 index gained 0.2 percent to 7,111.73 points, compared with Friday's closing level.

In the eurozone, the Paris CAC 40 rose 0.1 percent to 6,568.70 points, while Frankfurt's DAX dropped 0.1 percent to 15,193.55.

Most Asian markets rose Monday after US lawmakers averted a painful debt default, while jumping oil prices added to inflation concerns as the Federal Reserve prepares to taper its ultra-loose monetary policy.

Global equities had mainly fallen on Friday following news that the US economy added only 194,000 jobs last month, less than half the number expected by analysts.

The big miss did little to change expectations that the Fed will start winding back its massive bond-buying programme as it looks to keep a cap on price rises just as the global recovery shows signs of slowing.

AFP/APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	182,153.55 636.10M	-0.10% -186.83
ALLSHR	109,435.40 1,057.65M	-0.38% -412.26
KSE30	55,771.26 90.98M	0.14% 75.98
KMI30	257,930.59 244.46M	0.56% 1431.28
KMIALLSHR	70,461.52 615.75M	-0.17% -122.35
BKTi	52,723.02 52.99M	-0.92% -488.18
OGTi	36,462.93 7.76M	-0.40% -147.75

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	69,070.00	70,740.00 68,000.00	-1875.00 -2.64%
BRENT CRUDE	68.92	69.49 68.44	-0.12 -0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	0.40 0.42%
ROTTERDAM COAL MONTHLY	101.95	102.30 101.60	-0.35 -0.34%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	64.10	64.71 63.65	-0.26 -0.40%
SUGAR #11 WORLD	14.11	14.34 14.08	-0.24 -1.67%