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Tuesday 20th March 2018

European Stock Markets Rebound at Open

Business

7Dnews London

Mon, 11 Feb 2019 19:00 GMT

Europe's stock markets rebounded at the open on Monday, February 11th, following last week's sharp losses.

Initial trading saw London's benchmark FTSE 100 index of major blue-chip firms jump almost 0.6 percent to 7,110.11 points.

In the Eurozone, the Paris CAC 40 index gained 0.5 percent to 4,988.09 and Frankfurt's DAX 30 climbed 0.5 percent to 10,955.83 points, compared with Friday's closing levels.

Global stocks had mostly fallen on Friday, February 8th, by the end of a tumultuous week that was dented by worries over slowing global growth and continued uncertainty on US-China trade talks.

However, Asian equities saw gains on Monday as US and Chinese officials in Beijing geared up for crunch trade talks aimed at averting fresh tariff escalations.



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