LONDON: European stock markets rebounded at the open on Thursday after Wall Street closed higher and despite sharp falls for Chinese stocks.
London's benchmark FTSE 100 index climbed 1.3 percent to 5,940.9 points, recovering most of Wednesday's falls.
In the eurozone, Frankfurt's DAX 30 index won 1.2 percent to 9,277 points and the Paris CAC 40 advanced 1.6 percent to 4,219.8.
Europe's main indices had tumbled Wednesday, with Frankfurt shedding 2.6 percent in value, as investors grappled with volatile oil prices.
But Wall Street managed to end higher later in the day amid speculation that China would add stimulus to boost its slowing economy and as oil prices rebounded from steep falls.
On Thursday, Shanghai's main index dived more than six percent, slammed by worries over China's slowing economy and tight liquidity, dealers said.
The sharp decline came ahead of a meeting of G20 finance ministers in commercial hub Shanghai starting on Friday, with China's slowing growth expected to loom over the high-level discussions.
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