LONDON, June 26 (AFP): Europe's main stock markets mostly flattened on Thursday, with some support coming from gains across Asia and on Wall Street the previous day despite poor US growth data, analysts said.
London's FTSE 100 index of top companies rose 0.11 per cent to stand at 6,740.73 points around midday in the British capital.
Frankfurt's DAX 30 was flat at 9,867.99 points and the CAC 40 in Paris was also unchanged at 4,460.63 compared with Wednesday's closing levels.
The euro fell to $1.3617, down from $1.3628 late in New York on Wednesday.
"European shares are trading little changed to slightly higher, receiving a boost from firmer markets overnight in the US and Asia," said Markus Huber, senior analyst at traders Peregrine & Black.
Wall Street also opened on a steady note.
In foreign exchange deals, the British pound jumped to $1.7007 from $1.6982 on Wednesday, as the Bank of England tightened rules on home loans which the market saw as further evidence that it would soon also start to raise interest rates.
The euro fell to 80.06 British pence from 80.24 pence.
On the London Bullion Market, the price of gold dropped to $1,309 an ounce from $1,316.75 on Wednesday.
On the corporate front, shares in Barclays slid 5.19 per cent to 218 pence after New York prosecutors sued the British bank for fraud -- the latest blow to hit the scandal-hit company.
Prosecutors said Barclays had promised clients that it would protect them from aggressive high-speed trading firms in so-called 'dark pools', but at the same time took steps that benefited these firms.
European markets mostly flat
FE Team | Published: June 27, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
Share if you like