European stocks open higher; London gains 0.45pc

LONDON: European stock markets rose in opening trade on Wednesday after an overnight surge on Wall Street and despite earlier losses in Tokyo following a Moody's downgrade of Japan.

London's FTSE 100 index of leading shares added 0.45 percent to 5,152.43 points, Frankfurt's DAX 30 index gained 0.86 percent to 5,579.80 points and in Paris the CAC 40 advanced 0.99 percent to 3,114.98.

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