Markets

European stocks climb at open; London up 0.97pc

Published Updated

London's FTSE 100 index of leading shares up 0.97 percent at 5,462.58 points, Frankfurt's DAX 30 won 0.55 percent to 5,909.58 points and in Paris the CAC 40 added 0.80 percent to 3,166.24.

Asian markets rose Wednesday, boosted by a Wall Street rally on reports that European leaders were close to massively increasing the European Financial Stability Facility (EFSF) bailout fund for troubled eurozone economies.

Copyright AFP (Agence France-Presse), 2010