European markets flat after renewed nuclear fears

clock

Renewed fears over efforts to cool Japan's nuclear reactors have lead to a sluggish start to the week for European markets.

Japanese engineers are struggling to gain control of the Fukushima Daiichi nuclear power plant as four of the six reactors are deemed too hazardous for work to be carried out. The delay has stifled the performance of European markets as investors remain cautious, with the FTSE up 0.15% to 5,909, looking to build on its 2% gain last week. Elsewhere in Europe, the French Cac was marginally down 0.04% to 3,971, with the German Dax slipping 0.13% to 6,937. In Asia, the Nikkei fell 0.6% to 9,479, with a number of blue chip companies in the index posting disappointing earnings figures. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

PA Awards 2025: Multi-asset shortlists revealed

PA Awards 2025: Multi-asset shortlists revealed

The industry’s best in balanced, high yield, adventurous and cautious funds

Professional Adviser
clock 15 January 2025 • 2 min read
PA Working Lunch: Last chance - Seeking exceptional US growth with Baillie Gifford

PA Working Lunch: Last chance - Seeking exceptional US growth with Baillie Gifford

Join PA and Baillie Gifford on Wednesday for an informative online session

Jen Frost
clock 14 January 2025 • 1 min read
SJP gives £5.2bn fund mandate to Schroders

SJP gives £5.2bn fund mandate to Schroders

SRE fund to get sustainability focus label

Jen Frost
clock 13 January 2025 • 2 min read