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Markets

European stock markets rebound at open

Published Updated

imageLONDON: Europe's main stock markets rebounded at the start of trading on Thursday, with London's benchmark FTSE 100 index up 0.6 percent to 6,313.77 points.

In the eurozone, Frankfurt's DAX 30 advanced by 0.9 percent to 11,061.88 points and the Paris CAC 40 won 0.8 percent to open at 4,943.90 compared with Wednesday's close.

Heightened security fears in the wake of the Paris terror attacks and caution ahead of an update from the Federal Reserve had pushed European markets lower on Wednesday.

But they rebounded Thursday following gains across Asian and US indices after minutes from the Fed's last policy meeting suggested a likely US interest rate increase in December based on greater confidence in the economy.

Copyright AFP (Agence France-Presse), 2015

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