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Showing posts with label opening. Show all posts
Showing posts with label opening. Show all posts

Tuesday, February 22, 2011

FTSE lower in opening trade (AFP)

LONDON (AFP) – London's leading share index dipped fractionally in opening trade on Monday as investors showed little reaction to the weekend's G20 talks in Paris.

The FTSE 100 kicked the week off 0.18 percent lower at 6,071.99 points.

The Group of 20 developed and developing countries agreed which economic indicators to use to tackle the economic imbalances at the heart of the global crisis.

"The weekend's G20 meeting was something of a damp squib," said National Australia Bank strategist John Kyriakopoulos.

"G20 finance ministers hashed out an agreement on how to measure global imbalances, but didn't go far as to set numerical targets for such."


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