European markets open on a positive note
DSIJ Intelligence / 24 Aug 2017
With traders awaiting comments on the monetary policy from the Jackson Hole meeting, the European stock markets opened on a higher level during the early hours of trade on Thursday.
With traders awaiting comments on the monetary policy from the Jackson Hole meeting, the European stock markets opened on a higher level during the early hours of trade on Thursday. The FTSE 100 index was trading at 7,402, up by 20.72 points; CAC 40 index was trading at 5,128, up by 12.65 points; while the German DAX was at 12,191, up by 17.32 points. The pan-European Stoxx 600 was lower by 0.32%.
In the business world, Premier Oil posted a pre-tax loss in the first six months of 2017 on Thursday morning due to higher financing expenses. Also, Dixons Carphone has lowered its full-year profit on Thursday. Tiffany and Abercrombie & Fitch are likely to present their latest earning figures on Thursday. In France, business sentiment hit a 10-year high in August, the country’s statistic office said Thursday.
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