Euro stocks largely flat as global profit-taking bites
AFP, December, 2003
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LONDON (AFP) — European stock markets crept up slightly during early trade, although investors were acting cautiously amid a global bout of profit-taking on recent gains.
The British FTSE 100 index edged up 0.35 percent to 4,394.3 points, the German DAX 30 index rose 0.61 percent to 3,832.4 points and the French CAC 40 won 0.65 percent to 3,494.4 points.
The DJ Euro Stoxx 50 index of leading euro-zone shares gained 0.36 percent to 2,602.7 points.
The euro stood at 1.2095 dollars.
With worries about the soaring euro -- which hit yet another all-time best against the dollar overnight -- sapping confidence, there appeared little prospect of European indexes rising strongly.
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