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Markets

London stock market wins China boost

Published Updated

LONDON: London's stock market rebounded Monday, with miners buoyed by solid Chinese economic growth figures, while eurozone indices were steady to slightly lower.

Asia equities mostly increased in value following another record close on Wall Street before the weekend.

Frankfurt ended the day 0.35 percent lower as investors appeared to be avoiding risk before a European Central Bank (ECB) meeting on Thursday, while Paris closed flat.

London's commodities-heavy FTSE 100 index however rebounded 0.35 percent as strong Chinese growth data bolstered demand hopes from the world's leading consumer of many raw materials.

 

Copyright AFP (Agence France-Press), 2017
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