World Shares Mixed; British Pound Slides on Tax Cut Concerns

A currency trader walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, on Sept. 26, 2022. Lee Jin-man/AP Photo

TOKYO—Global shares were mixed Monday while the British pound declined to an all-time low against the U.S. dollar on concerns over planned tax cuts.

France’s CAC 40 rose 0.2 percent in early trading to 5,795.88, while Germany’s DAX added 0.2 percent to 12,311.57. Britain’s FTSE 100 edged 0.1 percent higher to 7,025.51.