Europe: Stock markets rise sharply at open
[LONDON] Europe's main stock markets rallied at the start of trading on Wednesday, building on the previous day's bumper gains that were sparked by surging oil prices.
In initial deals, London's benchmark FTSE 100 index rose 0.9 per cent to 6,299.21 points compared with Tuesday's close.
In the eurozone, Frankfurt's DAX 30 index added 1.4 per cent to 9,901.13 points and the Paris CAC 40 also won 1.4 per cent to stand at 4,407.03.
Asian equities also jumped higher Wednesday as a strong trade report from China and news of a deal between Russia and Saudi Arabia to limit oil output injected traders with much-needed optimism.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%