Europe: London stock market opens higher after pound slides

London's stock market opened higher on Tuesday after the pound slumped under US$1.20, lifting share prices for multinationals who get most of their earnings overseas, while eurozone indices dropped.[LONDON] London's stock market opened higher on Tuesday after the pound slumped under US$1.20, lifting share prices for multinationals who get most of their earnings overseas, while eurozone indices dropped.

The benchmark FTSE 100 index gained 0.1 per cent to 7,291.19 points, while Frankfurt's DAX 30 index lost 0.3 per cent to 11,912.73 points and the Paris CAC 40 shed 0.4 per cent to 5,473.98.

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Europe: Defensive buying drives stocks higher; FTSE outperforms[BENGALURU] European stocks closed higher in thin trading on Monday, with investors favouring defensive sectors as the United States and China imposed more tariffs, while a slide in the pound helped Britain's FTSE 100 outperform. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »