Europe Markets Flat at Midday

Posted June 13th, 2011 at 7:00 am (UTC-5)
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European stock markets were slightly higher in midday trading Monday.

London’s Financial Times 100 index was up nearly three-tenths of a percent to 5,782. The CAC-40 in Paris edged up two-tenths of a percent to 3,813. And the DAX in Frankfurt rose slightly at 7,071.

The S&P futures contract was up three points, indicating a higher opening for U.S. markets.

In Asia, Tokyo’s Nikkei index dropped seven-tenths of a percent to close at 9,448.

Hong Kong’s Hang Seng index rose four-tenths percent to end at 22,508.

Gold was trading at $1,526.05 an ounce.

The U.S. dollar was flat against other major currencies.