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 Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes