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Markets

European equities jump in morning deals

Published August 29, 2019 Updated August 29, 2019 10:31am

LONDON: Europe's main equity markets rallied in morning deals on Thursday, with London's FTSE 100 index up 0.9 percent at 7,180.49 points.

Frankfurt's DAX 30 also added 0.9 percent to 11,805.93 and the Paris CAC 40 jumped 1.1 percent to 5,428.61 points from Wednesday's close.

Among individual companies and bucking the trend, shares in British software maker Micro Focus tanked after it issued a profit-warning and launched a strategic review of operations, blaming weak demand in a "deteriorating macro environment".

Micro Focus slumped 26.18 percent to stand at £11.48 at 0915 GMT.

Copyright AFP (Agence France-Press), 2019

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