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European stock markets diverge at open

LONDON: Europe’s main stock markets opened mixed Monday, with London higher on solid share price gains for heavyweight miners, while Frankfurt and Paris dropped. London’s benchmark FTSE 100 index rose 0.1 per cent to 7,639.9 points in initial deals.

In the eurozone, Frankfurt’s DAX 30 fell 0.3 per cent to 12,969.51 points and the Paris CAC 40 lost 0.3 per cent to 5,584.3, compared with the closing levels on Friday.

 

 

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.