10.30am Markets Update

Updated / Wednesday, 22 Nov 2017 10:34

Stock markets - the latest movements

European shares opened slightly higher this morning, losing some of the momentum that pushed stocks in Asia and on Wall Street to new highs overnight on continued faith in synchronised economic growth around the world.

In London the FTSE is 0.27% higher at 7,431, while all of the major euro zone markets are lower.

The CAC in Paris has lost 0.04% to 5,363, and in Frankfurt the DAX is down 0.32% at 13,121.

In Dublin the ISEQ has inched 0.01% lower to 6,921. Aryzta and Datalex are among the best performing shares, while Applegreen and Paddy Power Betfair are both lower.

Earlier in Asia, Hong Kong's Hang Seng Index ended above 30,000 points for the first time in ten years as it rallied in line with an Asia-wide advance, following a Wall Street record.

The Hang Seng Index rose 0.62% to close at 30,003 - its highest since November 2007.

The benchmark Shanghai Composite Index added 0.59% to 3,430 but the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.26% to 1,982.

Meanwhile, Tokyo stocks closed higher, tracking rallies on Wall Street and in line with advances in other Asian markets, but rises are weighed by profit-taking ahead of a national holiday.

The benchmark Nikkei 225 index gained 0.48% to 22,523.