European indexes mixed as markets open

Friday, 17. November 2017 09:06

European markets opened mixed on Friday, as investors awaited EU construction output data and a speech from European Central bank chief Mario Draghi.

The FTSE 100 traded 0.25% in the red at 9:02 am CET. GKN plc led the board with a 4.76% negative change. The company was followed by Royal Dutch Shell and Mediclinic International which fell 2.94% and 2.69%, respectively.

Meanwhile, the DAX rose for 0.06% at 9:03 am CET. As the stock exchange opened, a number of companies increased around 1%, with Deutsche Boerse rising by 1.33% and Munich Re by 1.28%. Lufthansa and Heidelbergcement had increases of 0.92% and 0.91%, respectively.

The CAC 40 declined 0.07% at 9:04 am CET. The worst stock in the index was Sodexo, which traded 1.84% in the red.

The British pound rose 0.34% against the dollar to go for 1.323 at 9:42 am CET. Meanwhile the euro gained 0.22% versus the greenback to sell for 1.179 at 9:44 am CET.

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Breaking the News / BM