Markets

European stock markets climb at open

Published July 30, 2015 Updated July 30, 2015 07:31am

1 min

By Parvez Jabri

Add BRecorder as a trusted
source on Google

LONDON: Europe's main stock markets rose at the open Thursday on company updates and as investors assessed the US Federal Reserve's outlook for the economy.

London's benchmark FTSE 100 index gained 0.64 percent to 6,673.21 points compared with Wednesday's close.

Frankfurt's DAX 30 advanced 0.83 percent to 11,305.46 points and the CAC 40 in Paris climbed 0.63 percent to 5,049.24.

Asian stock markets mostly closed higher Thursday, tracking a rally in New York, while the dollar advanced after the Federal Reserve upgraded its outlook on the US economy, traders said.

Read Comments