Once again, the FTSE 100 hasn’t shown any improvement and opened trading with a negative bias. This major European market index opened at 7,658.60 from its previous close of 7,703.71. Before that, there was steady movement in it from last four days.
DAX also suffered and opened trading with negative bias and opened lowered below its previous level of 12,890.58 and set at 12,803.72. However, on yesterday, DAX showed the positive sentiment and surged to the level above of its previous close.
CAC 40 is also following the footsteps of other two major indices and opened lowered below its previous close and set at 5,428.61.
Looks like the steady movement in the FTSE100 & CAC 40 have now come to an end. But, it is worrisome to see most major indices of European market showing negative sentiment. It will ultimately impact on the domestic market in some way.