London - European equity markets traded mixed on Thursday as G7 finance ministers met under the shadow of the Greek crisis, while Asian equities suffered from volatile swings.
In mid-afternoon deals, London's benchmark FTSE 100 index of top companies rose 0.10 percent compared with Wednesday's close to 7,040.40 points, while Frankfurt's DAX 30 fell 0.38 percent to 11,725.84, and in Paris the CAC 40 dropped 0.59 percent to 5,151.96 points.
The European single currency lost early gains to sag back to $1.0887 from $1.0906 late in New York on Wednesday, when it had briefly touched a one-month nadir of $1.0819 on Greek woes.
Finance ministers and central bank governors of the seven wealthiest nations held talks in Dresden on Thursday on the global economy and tax evasion, but the Greek crisis was also high on everyone's minds.
"European equities are under the strain of continual Greek concerns," said IG analyst David Madden.
"Traders are sick of the non-stop back and forth, and whenever Greece is in crisis talks there is always a series of comments from different parties involved in the negotiations which contradict each other, and traders do not know who to trust.
"For the time being no deal has been reached, and the longer the talks go on without a deal being struck the more likely they are to drop stocks."
AFP
