Europe: Markets rise at open

[LONDON] European stock markets edged higher in opening deals on Wednesday, as investors eyed earlier gains in Asia.

London's benchmark FTSE 100 index advanced 0.2 per cent to 7,193.07 points, as traders also digested a sharp slowdown in UK inflation.

In the eurozone, Frankfurt's DAX 30 rose 0.1 per cent to 15,936.31 points and the Paris CAC 40 added almost 0.1 per cent to 6,823.59.

Asian equities rallied Wednesday as investors engaged in bargain hunting despite losses on Wall Street and a surge of the coronavirus Delta variant stoking fears about the global economic recovery.

AFP