Europe: Equities extend gains at open
DeeperDive is a beta AI feature. Refer to full articles for the facts.
EUROPE'S main stock markets advanced further in opening deals on Tuesday (Jun 21), mirroring gains across Asia as some stability returned to markets following last week's turmoil.
London's benchmark FTSE 100 index rose 0.4 per cent to 7,148.03 points compared with the closing level on Monday.
In the eurozone, Frankfurt's DAX gained 0.9 per cent to 13,381.65 points and the Paris CAC 40 won 1.2 per cent to 5,989.52.
The region's equities had also rebounded on Monday despite lingering fears over the economic impact of rising global interest rates.
Global stocks suffered a selloff last week after the US Federal Reserve ramped up interest rates by the biggest amount in nearly 30 years, while increases in Britain and Switzerland compounded the gloom. AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
A new logic of China-Asean economic integration emerges from the Middle East conflict