London shares eased at the start of trading on Friday following advances the previous day when the European Central Bank signalled plans for an increase in eurozone interest rates to fight high inflation. The benchmark FTSE 100 index of top shares slipped 0.11 percent to 5,850.24 points in early deals. On Thursday the blue-chip index closed up 0.82 percent at 5,856.34 points. Speaking after the ECB left its main interest rate on hold at 1.25 percent, president Jean-Claude Trichet said the bank\'s position on inflation was one of \"strong vigilance\" -- a code for tightening monetary policy in the eurozone. \"The ECB left little doubt that it will hike its key interest rate from 1.25 percent to 1.50 percent at its July meeting,\" IHS Global Insight chief economist Howard Archer said. Meanwhile in London, the Bank of England also left its key interest rate unchanged on Thursday at a record low of 0.50 percent.
GMT 10:47 2017 Friday ,29 December
European stocks flat in light holiday tradingGMT 16:28 2017 Tuesday ,19 December
Bahrain Bourse daily trading performanceGMT 11:51 2017 Tuesday ,19 December
Stock markets rally as US tax cuts move step closerGMT 12:32 2017 Saturday ,16 December
Can Bitcoin Survive Central Banks' Scrutiny?GMT 11:13 2017 Saturday ,16 December
Bitcoin hits new record high as warnings growGMT 06:20 2017 Saturday ,16 December
Strong Wall Street lifts European stock marketsGMT 05:28 2017 Friday ,15 December
European stocks and euro sag before rate callsGMT 16:48 2017 Thursday ,14 December
Bahrain Bourse daily trading performanceMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©