LONDON: European stock markets were subdued on Wednesday, as investors tracked news from Ukraine and shrugged off gains in Asia and on Wall Street, dealers said.
In midday deals, London’s benchmark FTSE 100 index rose 0.08 percent to 6,828.64 points.
On the downside, Frankfurt’s DAX 30 index shed 0.06 percent to 9,582.72 points compared with Tuesday’s close, while the Paris CAC 40 lost 0.07 percent to 4,390.59 as investors digested the formation of a new French government.
“Traders are sitting on their hands as they await further developments from the Ukrainian situation,” said analyst David Madden at trading firm IG.
“Reports suggest that relations between Kiev and Moscow are improving but traders are not rushing out to buy stocks just yet.”