Europe: Equities rebound at open
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
EUROPE'S major stock markets rebounded at the open on Tuesday (Apr 26), after tumbling the previous day on worries over the worsening Covid-19 outbreak in China.
London's benchmark FTSE 100 shares index won 0.9 per cent to 7,445.85, compared with the closing level on Monday.
In the eurozone, the Paris CAC 40 added 0.7 per cent to 6,494.68 and Frankfurt's DAX jumped 1.1 per cent to 14,079.48 points.
The performance followed an upbeat session on Wall Street, which was lifted by Elon Musk's US$44-billion purchase of Twitter.
Asian indices diverged on Tuesday as investors scrambled to recover from Monday's rout but fears lingered over the impact of China's Covid-induced lockdowns and the Federal Reserve's plan to hike interest rates quickly. AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
