London equities slipped at the start of trading Tuesday as investors surrendered some of their gains from the previous day when the blue-chip index hit a near five-year high.
The 0.10-percent drop in the benchmark FTSE 100 index of top companies to 6,174.65 points in opening deals also came in the wake of overnight losses in Tokyo.
On Monday the benchmark FTSE index gained 0.43 percent to close at 6,180.98 points, a level unseen since May 2008.
Japan’s Nikkei index ended 0.35 percent, or 37.81 points, lower Tuesday at 10,709.93 as dealers were left disappointed by the Bank of Japan’s plan to boost the economy.
After a two-day meeting the Japanese central bank said it would adopt a two percent inflation target that had been demanded by the country’s new government while also launching an open-ended asset-purchase scheme.
Elsewhere Tuesday Frankfurt’s DAX 30 index dipped 0.09 percent to 7,741.88 points, and in Paris the CAC 40 retreated 0.11 percent to 3,758.92.
London FTSE loses 0.10% at open
