European equities open flat before UK budget
London, (MILLAT ONLINE):European stock markets fell at the start of trading on Wednesday, with London flatlining as traders awaited the British government’s annual budget.
The British capital’s benchmark FTSE 100 index of major companies opened flat at 7,411.16 points from the closing level on Tuesday, ahead of the budget due at 1230 GMT.
In the eurozone, Frankfurt’s DAX 30 index was flat at 13,171.36 points as investors shrugged off continued political uncertainty in Germany.
The Paris CAC 40 was also virtually unchanged at 5,364.61 points.