European Markets Higher at Midday

Posted August 15th, 2011 at 6:55 am (UTC-5)
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European stock markets were higher in midday trading Monday.

London’s Financial Times 100 index was up two-tenths of a percent , to 5,332. The CAC-40 in Paris rose slightly , to 3,216. And the DAX in Frankfurt climbed six-tenths of a percent , at 6,034.

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

In Asia, Tokyo’s Nikkei index rose 1.37 percent , to close at 9,086.

Hong Kong’s Hang Seng index jumped 3.26 percent , to end at 20,260.

Gold was trading at $1,740.13 an ounce.

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