Europe: Stocks stage rebound at open
[LONDON] Europe's main stock markets climbed at the start of trading on Thursday, following earlier gains across most of Asia and overnight on Wall Street on easing Brexit fears.
London's benchmark FTSE 100 index advanced almost 0.6 per cent compared with Wednesday's close to open at 6,501.29 points.
In the eurozone, Frankfurt's DAX 30 rose 0.7 per cent to 9,437.47 points and the Paris CAC 40 also won 0.7 per cent to 4,115.50.
Equity markets in London, Paris, Frankfurt and Tokyo all lost more than one per cent on Wednesday, with sentiment hit by stubborn worries over the shock Brexit referendum.
Three more British commercial property funds suspended trading on Wednesday on a wave of redemptions triggered by the Brexit vote, meaning six funds have now halted trade with assets totalling around US$19.4 billion.
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
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%
UBS lifts Chinese stocks to overweight in rare upgrade call
Asia: Most markets rise with earnings, US data in view
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN