European Stocks Open Steady After Slump

Mohammad Ali (@ChaudhryMAli88) Published May 12, 2021 | 01:13 PM

European stocks open steady after slump

European stock markets steadied at the open on Wednesday, a day after slumping in line with global equities on fears that rising inflation could harm economic recovery from the pandemic

London, (UrduPoint / Pakistan Point News - 12th May, 2021 ) :European stock markets steadied at the open on Wednesday, a day after slumping in line with global equities on fears that rising inflation could harm economic recovery from the pandemic.

London's benchmark FTSE 100 index gained 0.

3 percent to 6,970.32 points after shedding 2.5 percent Tuesday.

In the eurozone Wednesday, Frankfurt's DAX 30 index opened fractionally lower at 15,117.03 points and the Paris CAC 40 was up a few points at 6,268.63.

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