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Business

European stocks rise at open

Published: 20 Jan 2015 - 11:47 am | Last Updated: 18 Jan 2022 - 03:07 am

 

 

London---Europe's leading stock markets rose at the start of trading Tuesday, extending gains won a day earlier on expectations of ECB stimulus.
London's FTSE 100 index won 0.29 percent to 6,604.51 points compared with Monday's close, as investors looked ahead to a meeting of the European Central Bank due Thursday.
Frankfurt's DAX 30 climbed 0.35 percent to 10,278.55 points and the CAC 40 in Paris won 0.27 percent in value to 4,406.96.
The euro retreated against the dollar after a minor rally on Monday as traders also nervously awaited a close weekend election in Greece, where an anti-austerity party is leading the polls.
Asian markets mostly rose Tuesday after China released data showing its economy grew a little faster than expected, while speculation swirled that the ECB would embark on a huge stimulus programme.

AFP