European equity markets diverge at open

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MG News | January 05, 2022 at 02:22 PM GMT+05:00

January 05, 2022: Europe's main stock markets opened mixed Wednesday after Asia and Wall Street grappled with elevated inflation and expected interest rate hikes amid easing Omicron virus fears.

In initial trade, London's benchmark FTSE 100 index slid almost 0.3 percent to 7,486.73 points compared with the closing level on Tuesday.

On the upside in the eurozone, Frankfurt's DAX index climbed 0.2 percent to 16,177.89 points and the Paris  CAC 40 also won 0.2 percent to 7,331.75.

AFP/APP

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