Europe: Stock markets rebound at open

[LONDON] Europe's main stock markets rose at the start of trading on Wednesday, rebounding slightly from hefty losses the previous day.

London's benchmark FTSE 100 index won almost 0.5 per cent to 6,307.86 points, as investors awaited the British government's budget update due at 1230 GMT.

In the eurozone, Frankfurt's DAX 30 added 0.2 per cent to 10,958.40 points and the Paris CAC 40 also gained 0.2 per cent compared with Tuesday's closing level to open at 4,830.22.

Equities had fallen on Tuesday with airlines and hotel groups hit by a US travel warning, and the downing of a Russian jet by Turkey.


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