BRUSSELS/FRANKFURT/PARIS (Alliance News) - After recording its best close on Thursday, UK's FTSE index looks on course to snap a three-day winning streak today, with stocks moving in a largely sluggish manner amid concerns about geopolitical tension and discussions on Brexit.
With uncertainty clouding the ongoing trade talks between the US and China, the mood is quite cautious in most of the markets in the eurozone. Lack of economic data too appears to be rendering movements sluggish in the markets.
The FTSE 100 index is down 2.30 points at 7,785.67. On Thursday, the index ended up 0.7% at 7787.97.
AstraZeneca is down more than 2% following the company reporting a 37% decline in profits in the first quarter. BP and Royal Dutch Shell are down marginally.
In the currency market, the British Pound is down 0.24% at USD1.3512.
BP (BP.)
