London Stock Exchange open delayed 1 hour by technical issue
London’s stock market opened an hour behind schedule on Thursday following a rare trading outage in one of the world’s busiest financial centers.
A spokesperson for the London Stock Exchange ( confirmed that trading commenced at 4 a.m. ET after the opening auction was delayed. )
The spokesperson said the outage was caused by a technical issue, but did not elaborate.
The benchmark FTSE 100 index, which includes global companies such as HSBC ( and )BP (, gained 0.1% in early trade. )
Other major European markets were trading roughly 0.5% higher.
CNNMoney (London) First published June 7, 2018: 3:50 AM ET