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European stocks stable at open

Reported by AAP
Tuesday, October 22, 2013
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Europe's main stock markets have held steady at the open, as cautious investors awaited publication of crucial non-farm payrolls data in the United States, dealers say.

London's benchmark FTSE 100 index on Tuesday added a marginal 0.05 per cent to 6,657.37 points, while Frankfurt's DAX 30 eased 0.15 per cent to 8,853.87 and in Paris the CAC 40 dipped 0.28 per cent to stand at 4,264.98, compared with Monday's closing values.

"Investors continue to act with caution ahead of the release of September's jobs report, which is scheduled to be released this afternoon," said Alpari analyst Craig Erlam.

With last week's global rally - fuelled by the US deal to reopen the government after 16 days and avert a devastating default - out of the way, attention has turned back to economic results, with the non-farm payrolls in focus.

The figures had been due out at the beginning of the month but were delayed because of the US government shutdown.

02/10/2014 18:24Sydney, Australia. 2 October,2014
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