Europe: Stocks rebound from global rout
Published Tue, Aug 25, 2015 · 04:01 PM
[PARIS] Europe's main stock markets rebounded on Tuesday from the "Black Monday" rout on global markets after China's central bank announced new measures to stimulate its slowing economy.
London's benchmark FTSE 100 index rose 3.09 per cent to close at 6,081.34 points.
In the eurozone, the CAC 40 in Paris jumped 4.14 per cent to end at 4,564.86, points, and Frankfurt's DAX 30 gained 4.97 per cent to 10,128,12 points.
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
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data
US: Stocks hit by GDP data, Meta results