BCN-34 London stocks dip on news of Brexit extension

251

ZCZC

BCN-34

MARKETS-EUROPE-OPEN

London stocks dip on news of Brexit extension

LONDON, April 11, 2019 (BSS/AFP) – London stocks slid in opening deals on
Thursday, but Frankfurt and Paris rose as investors digested news that Brexit
has been delayed by up to six months.

European leaders have agreed with British Prime Minister Theresa May to
delay Brexit until October 31 at the latest, saving the continent from a
chaotic no-deal departure on Friday.

In initial deals on Thursday, London’s benchmark FTSE 100 index was 0.1
percent lower at 7,414.58 points.

In the eurozone, Frankfurt’s DAX 30 index gained almost 0.1 percent to
11,915.06 points and the Paris CAC 40 jumped 0.4 percent to 5,474.33 compared
with Wednesday’s closing levels.

BSS/AFP/HR/1455