Europe's main stock markets rise at open | Fin24
 
  • Data Market Inquiry

    MTN says it is prepared to defend itself before Competition Tribunal over report.

  • Claims of sabotage

    What we know so far about allegations of sabotage at an Eskom power station.

  • Dudu Myeni

    Court dismisses former SAA chiar's bid to have Outa withdraw from delinquency case.

Loading...

Europe's main stock markets rise at open

Nov 07 2018 11:48

European stock markets rose around half-a-percent at the start of trading on Wednesday, with investors assessing US midterm election results that pointed to political gridlock across the Atlantic.

London's benchmark FTSE 100 index climbed 0.6% to 7 079.76 points, compared with the close on Tuesday.

In the eurozone, Frankfurt's DAX 30 gained 0.5% to 11 542.09 points and the Paris CAC 40 won 0.5% to 5 100.08.

In the US, President Donald Trump's Republican party maintained its control of the Senate but the Democrats regained power in the House of Representatives, in line with forecasts.

While the vote saw Trump's party lose overall power on Capitol Hill, analysts pointed out that the result is unlikely to lead to a reversal of the White House's popular tax cuts and deregulation that have helped to lift US stock markets this year.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

european markets  |  equities  |  markets
NEXT ON FIN24X

JSE holds on to gains

2019-12-12 17:48

 
 
 
 

Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote

Loading...