The Business Times

Europe: Equities ahead at open

Published Mon, Mar 29, 2021 · 04:41 PM

[LONDON] Europe's stock markets advanced in opening deals on Monday, despite a mixed performance in Asia, as dealers took their cue from Wall Street's record-breaking pre-weekend rally.

Investor sentiment was also soothed by falling oil prices following news of progress in shifting a giant cargo ship blocking the Suez Canal.

In initial deals, London's benchmark FTSE 100 index of major blue-chip companies rose almost 0.4 per cent to 6,749.01 points.

In the eurozone, Frankfurt's DAX 30 index also gained 0.4 per cent to 14,805.51 points and the Paris CAC 40 added 0.3 per cent to 6,004.21.

AFP

KEYWORDS IN THIS ARTICLE

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here