Europe: Stocks rebound at open

[LONDON] European stock markets rebounded at the open on Friday after calm returned to indices in Tokyo and on Wall Street, with all eyes on next week's US interest rate decision.

London's benchmark FTSE 100 index gained 0.26 per cent to 6,171.85 points compared with Thursday's close.

In the eurozone, Frankfurt's DAX 30 climbed 0.32 per cent to 10,243.40 points and the CAC 40 in Paris won 0.48 per cent to 4,618.59.

"Risk appetite has certainly improved this week although we're still seeing investors hold back a little," said Craig Erlam, senior market analyst at Oanda trading group.

"One of the key risks all along has been the Federal Reserve and whether it will raise interest rates at the meeting next week."

AFP