Markets

European stocks jump on Greek bailout news

Published July 13, 2015 Updated July 13, 2015 08:22am

1 min

By Parvez Jabri

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LONDON: European stock markets rallied at the start of trading on Monday after news that eurozone leaders had reached a unanimous deal to offer Greece a third bailout.

Frankfurt's benchmark DAX 30 index of top companies advanced 1.53 percent to 11,489.17 and the CAC 40 in Paris rose 1.67 percent to 4,985.14.

Outside the eurozone, London's FTSE 100 added 0.94 percent to 6,736.22 points, compared with Friday's closing level.

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