European markets start week slightly higher

Monday, 10. October 2016 09:15

Markets in Europe opened with slight gains on Monday disregarding caution seen in Asian trade after a decline in oil prices.

The FTSE 100 grew 0.26% at 9 a.m. CET. The mining sector performed the best, with Randgold Resources and Fresnillo, which were up 2.02% and 1.98% respectively at 9:08 a.m. CET, leading the gains. 

The DAX edged up 0.07% at 9:01 CET. The best performer was ProSiebenSat.1 Media, whose shares rose 1.23% at 9:02 a.m. CET.

The CAC 40 traded 0.15% in the green at 9:01 a.m. CET.

The pound fell 0.51% compared to the dollar to go for 1.2373 at 9:03 a.m. CET. The British currency traded 0.28% lower against the euro to sell for 1.1070 and decreased 0.37% against the yen to change hands for 127.612 at 9:04 a.m. CET.

Precious metals prices increased, with silver gaining 0.94% to sell for $17.71 per ounce at 9:05 a.m. CET. Gold was up 0.45% and sold for $1,263.30 per ounce at 9:05 a.m. CET.

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Author:
Breaking the News / NP