European stock markets rebound at open   

London: European stock markets rebounded at the start of trading on Wednesday following heavy losses the previous session.

London's FTSE 100 won 1.0 percent to 7,209.47 points shortly following the open and after the benchmark index had shed 2.6 percent on Tuesday as global indices slumped on high US inflation worries.

Frankfurt's DAX 30 index meanwhile climbed 0.6 percent to 12,466.1 points at the start Wednesday and the Paris CAC 40 won back 0.4 percent to 5,184.08 points. Both indices had closed down by almost 2.5 percent on Tuesday.