FTSE slips after Fed-inspired rally

Published December 08, 2015

View of the entrance to the London Stock Exchange, on September 22, 2011. London equities fell in opening deals on Friday, as traders took profits from recent gains after the US Federal Reserve's shock decision to keep its aggressive stimulus programme intact. (AFP/File)

London equities fell in opening deals on Friday, as traders took profits from recent gains after the US Federal Reserve's shock decision to keep its aggressive stimulus programme intact.

In early trade the benchmark FTSE 100 index dipped 0.21 percent to 6,611.39 points from Thursday's closing levels.

Elsewhere the Paris CAC 40 reversed 0.25 percent to 4,195.63, and Frankfurt's DAX 30 eased 0.01 percent to 8,693.32 points.

Equities in Europe had soared on Thursday, joining a global rally as investors welcomed the US central bank's surprise decision.

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