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Markets

European stocks edge higher at open

Published Updated

londonLONDON: European stock markets rose slightly at the start of trading Friday after rocketing the day before on EU efforts to tackle the eurozone debt crisis.

At the open, London's benchmark FTSE 100 index edged up 0.02 percent to 5,714.7 points, Frankfurt's DAX 30 gained 0.41 percent to 6,364.18 points and in Paris the CAC 40 won 0.23 percent to 3,378.58.

Stock markets had soared Thursday in a huge relief rally as a eurozone accord eased concerns that the bloc's debt crisis threatened a fresh global recession. Paris jumped six percent, helped also by strong US growth data.

Copyright APP (Associated Press of Pakistan), 2011

Copyright AFP (Agence France-Presse), 2011

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