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Europe: Stocks rebound at open; London up 2.8%

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Shortly after the open, London's benchmark FTSE 100 index rallied to 6,766.84 points after diving 11.1 per cent last week.

[LONDON] European stock markets rebounded strongly at the start of trading on Monday, with London surging 2.8 per cent after last week's coronavirus-fuelled plunge for equities.

Shortly after the open, London's benchmark FTSE 100 index rallied to 6,766.84 points after diving 11.1 per cent last week.

In the eurozone, Frankfurt's DAX 30 index recovered 1.8 per cent to 12,108.01 points and the Paris CAC 40 jumped 2.1 per cent to 5,421.09.

AFP