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Europe: Markets rebound at open

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Published Fri, May 20, 2022 · 03:46 PM
    • EUROPE'S main stock markets rebounded at the open on Friday (May 20), after sinking the previous day as decades-high inflation sparked recession fears.
    • EUROPE'S main stock markets rebounded at the open on Friday (May 20), after sinking the previous day as decades-high inflation sparked recession fears. PHOTO: REUTERS

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    EUROPE'S main stock markets rebounded at the open on Friday (May 20), after sinking the previous day as decades-high inflation sparked recession fears.

    London's benchmark FTSE 100 index rallied 1.3 per cent to 7,399.77 points compared with Thursday's close, aided by news of recovering UK retail sales.

    In the eurozone, Frankfurt's DAX index won 1.0 per cent to 14,024.05 points and the Paris CAC 40 added 0.5 per cent to 6,305.99. AFP

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