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Markets

European stocks dip at open

Published Updated

imageLONDON: Europe's main stock markets advanced at the start of trading on Wednesday, rebounding slightly from the previous day's commodity-driven losses.

London's FTSE 100 index gained almost 0.5 percent to 6,162.9 points compared with Tuesday's close.

Frankfurt's DAX 30 rose 0.4 percent to 10,719.7 points and the CAC 40 in Paris added 0.3 percent in value to open at 4,695.9.

The global commodities rout had sent world stock markets plunging on Tuesday, with mining companies under fierce pressure as Anglo American vowed to slash thousands of jobs.

Copyright AFP (Agence France-Presse), 2015

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