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Markets

European stock markets rise at open

Published Updated

imageLONDON: Europe's main stock markets rose slightly at the start of trading on Tuesday following a rebound for Tokyo's main index.

London's benchmark FTSE 100 index edged up 0.07 percent to 6,089.47 points compared with Monday's close.

In the eurozone, Frankfurt's DAX 30 climbed 0.23 percent to 10,154.76 points and the CAC 40 in Paris grew 0.26 percent to 4,529.96.

Tokyo won 0.34 percent Tuesday, closing higher for the first time in four sessions after the Bank of Japan refrained from unleashing fresh monetary stimulus amid unease over much of the world economy.

Despite Tokyo's bounce, lingering concerns about the state of China's economy dragged down shares in Shanghai and Hong Kong.

And US indices finished lower Monday as traders looked ahead to a Federal Reserve meeting later this week that could result in its first interest rate hike in more than nine years.

Copyright AFP (Agence France-Presse), 2015

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