AFP, London :
Europe’s main stock markets fell in initial deals Friday, with attention fixed on the ECB after Swiss central bank’s surprise action to scrap its three year bid to stop the franc from strengthening.
London’s FTSE 100 index dropped 0.45 percent to 6,469.65 points compared with Thursday’s close. Frankfurt’s DAX 30 shed 0.47 percent to 9,985.51 points and the CAC 40 in Paris lost 0.45 percent in value to 4,303.55.
Europe’s main stock markets had rallied on Thursday after Switzerland’s central bank cancelled a policy to stop its currency strengthening beyond 1.20 against the euro, sending the franc soaring.
Europe’s main stock markets fell in initial deals Friday, with attention fixed on the ECB after Swiss central bank’s surprise action to scrap its three year bid to stop the franc from strengthening.
London’s FTSE 100 index dropped 0.45 percent to 6,469.65 points compared with Thursday’s close. Frankfurt’s DAX 30 shed 0.47 percent to 9,985.51 points and the CAC 40 in Paris lost 0.45 percent in value to 4,303.55.
Europe’s main stock markets had rallied on Thursday after Switzerland’s central bank cancelled a policy to stop its currency strengthening beyond 1.20 against the euro, sending the franc soaring.
