European stock exchanges were mixed after the opening bell on Wednesday, with concerns over possible recession stirring the market stability, while prices of natural gas in the region continue to surge, sparking fears of an energy crisis.
Earlier, the French Government spokesman Olivier Veran noted that the energy price caps imposed to help the country's skyrocketing prices were "not indefinite," while the German authorities approved energy-saving measures in an effort to prevent power rationing during the upcoming winter.
Frankfurt's DAX was flat at 1:39 pm CET, and the CAC 40 edged up by 0.15%. However, London's FTSE 100 plunged by 0.31% at the same time.
The euro was down by 0.42% against the American dollar, selling at $0.99292 at 1:41 pm CET. A minute later, the pound sterling slipped 0.55% against the greenback, to change hands to $1.17717.
