The FTSE 100 index of European market opened slightly above its previous close level of 7,603.22 to a level of 7,632.50. Like its previous trading session, the FTSE index opened on a flat note and fluctuating in both directions. The same sentiment has seen in the DAX which opened at the level of 12,505.79 from its previous closing level of 12,464.29. However, it couldn’t sustain its opening level and start plunging in its early trading hour.
Even the CAC 40 followed the footsteps of above two benchmark indices and opened mildly above the previous close of 5,366.32 to a level of 5,387.18.
If it keeps going like this, then it may influence the domestic market in a big way.