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MARKETS-EUROPE-OPEN
European stock markets rebound at open
LONDON, Nov 13, 2018 (BSS/AFP) – Europe’s main stock markets rebounded on
Tuesday, with all eyes on heavily indebted Italy, whose populist government
is set to defy the EU over its big spending plans.
London’s benchmark FTSE 100 index gained 0.2 percent to 7,065.11 points,
with investors keenly awaiting an announcement that Britain has sealed a deal
over Brexit.
In the eurozone, Frankfurt’s DAX 30 jumped 0.7 percent to 11,402.52 points
and the Paris CAC 40 rose 0.4 percent to 5,077.57.
Global stock markets had tumbled Monday, with Frankfurt shedding 1.8
percent, in part on concerns over Tuesday’s EU-deadline for Rome to revise
its 2019 budget.
BSS/AFP/MR/ 1458 hrs