European stock markets mixed after early rally

The stock market in London jumped out of the blocks early as investors welcomed news that Scotland voted to reject independence from the United Kingdom, but European stocks overall ended mixed. London's benchmark FTSE 100 index, after impressive morning gains on Friday, closed up 0.27 per cent to 6,837.92 points. In Paris, the CAC 40 slipped 0.08 per cent to 4,461.22 points, while Frankfurt's DAX index ended virtually unchanged, edging up 0.01 per cent to 9,799.26 points. Sterling hit a two-year euro high in anticipation of victory for the 'No' campaign before recoiling. Markets were mixed on Wall Street. 'After the initial jubilation, traders have been wary of getting too excited about the (Scotland) result,' said Tony Cross, market analyst at Trustnet Direct, according to skynews.com