European stock markets higher at Friday's open

European stock markets higher at Friday's open

All major European indices post rises amid positive signs on euro/dollar parity, hawkish guidance from European Central Bank

By Gokhan Ergocun

ISTANBUL (AA) - European stock exchanges were higher at Friday's open amid positive signals on the euro/US dollar parity and hawkish guidance from the European Central Bank.

On Thursday, the euro/dollar exchange rate increased by 0.8% to end the day 0.9820.

On Friday, EU member states will discuss measures against rising energy prices.

The pan-European STOXX 600 was up by 0.68% to 385.5 points, while the UK's FTSE 100 index fell 0.21% to 6,896 points.

Germany's DAX 30 was down by 0.69% to 12,057 points, and France's CAC 40 rose 0.71% to 5.717 points.

Italy's FTSE MIB declined 0.92% to 20,541 points, while Spain's IBEX 35 fell 0.57 to 7,342 points.

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