European shares mixed

Published February 9, 2008

LONDON, Feb 8: Europe’s main stock markets closed mixed on Friday, after a choppy week, with London buoyed by the mining sector due to higher commodity prices.

The London FTSE 100 index of leading shares rose 1.05pc to finish at 5,784.00 points. The CAC 40 in Paris fell 0.30pc to 4,709.65 and in Frankfurt the Dax rose 0.50pc to close at 6,767.28.

The DJ Euro Stoxx 50 index of leading eurozone shares was up 0.05pc at 3,701.17 points.

“It is a quiet day today with the FTSE 100 just treading water not knowing whether to stay up or down,” said Manoj Ladwa, derivatives broker at Tradindex.

European stock markets had fallen sharply on Thursday after the ECB hinted that it would not rush to cut interest rates despite widespread fears of an economic slowdown.—AFP

Opinion

Editorial

Geopolitical games
Updated 18 Dec, 2024

Geopolitical games

While Assad may be gone — and not many are mourning the end of his brutal rule — Syria’s future does not look promising.
Polio’s toll
18 Dec, 2024

Polio’s toll

MONDAY’s attacks on polio workers in Karak and Bannu that martyred Constable Irfanullah and wounded two ...
Development expenditure
18 Dec, 2024

Development expenditure

PAKISTAN’S infrastructure development woes are wide and deep. The country must annually spend at least 10pc of its...
Risky slope
Updated 17 Dec, 2024

Risky slope

Inflation likely to see an upward trajectory once high base effect tapers off.
Digital ID bill
Updated 17 Dec, 2024

Digital ID bill

Without privacy safeguards, a centralised digital ID system could be misused for surveillance.
Dangerous revisionism
Updated 17 Dec, 2024

Dangerous revisionism

When hatemongers call for digging up every mosque to see what lies beneath, there is a darker agenda driving matters.