European stocks steady at open

Reported by AAP
Wednesday, May 20, 2015
Australia's richest and poorest postcodesOne pocket of Sydney's eastern suburbs earn close to nine times more than those who live in the country's poorest area.

Europe's main stock markets have steadied at the start of trading following strong gains a day earlier.

London's FTSE 100 index on Wednesday rose 0.14 per cent to 7,005.01 points, Frankfurt's DAX 30 inched up 0.04 per cent to 11,858.47 points, and the CAC 40 in Paris fell 0.22 per cent to 5,106.26.

The Frankfurt and Paris stock markets had surged on Tuesday after a European Central Bank executive board member signalled that the ECB would temporarily ramp up its stimulus program aimed at boosting the eurozone economy.

04/07/2015 06:16Sydney, Australia. 4 July,2015