The London and Paris stock exchanges opened flat in subdued Christmas Eve trade on Friday, with Frankfurt closed for the festive break. The British capital’s benchmark FTSE 100 index was marginally higher at 7,376.47 points, while the Paris CAC 40 drifted 0.1 percent lower to 7,099.26. London and Paris are open for half-day sessions and will wrap up at 1230 GMT and 1300 GMT respectively.
“Markets are going to remain reticent today due to lower volume as traders are away for a holiday period,” AvaTrade analyst Naeem Aslam told AFP. “We believe overall there is still plenty of optimism about Covid vaccines — however concerns are real that more restrictions may be placed ahead of New Year’s Eve to curtail the spread of Covid.”
