European equities open with losses

Market Reports | Markets 12/1/2016, 9:21 AM
European equities open with losses

Markets in Europe opened lower on Thursday as analysts shift focus towards the upcoming referendum in Italy and keep an eye on key economic data releases.

The FTSE 100 started trading 0.11% below the flatline in London, with Carnival plc, the world's largest travel leisure company, down 3.04%.

In Germany, the DAX fell 0.47% when markets opened. Deutsche Börse AG lost 1.88%, while Fresenius SE & Co. KGaA, a health care company, was down 1.42%.

The French CAC 40 declined 0.29% on opening bell.

The Italian FTSE MIB index started the day 0.38% in the red after closing with notable gains the day before, as financials led the decliners.

The euro added 0.22% against the United States dollar to go for 1.06207 at 9:04 a.m. CET, but shed 0.08% compared to the British pound, changing hands at 1.1815. In the fixed income market, the yield on 10-year gilts rose to 1.421% at 9:08 a.m. CET, while the German equivalent climbed to 0.279%.

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UK 100 Index-0.09%

Chart for: UK 100 Index


Chart for: EUR/USD Spot

Germany 30 In...+0.10%

Chart for: Germany 30 Index

France 40 Ind...-0.01%

Chart for: France 40 Index