Europe: Stocks firmer at open after heavy losses

London's benchmark FTSE 100 index of major blue-chip companies climbed 0.3 per cent to 7,435.76 points.[LONDON] Europe's main equity markets were firmer in opening deals on Tuesday, having plunged the previous day on investor panic over the deadly coronavirus.

London's benchmark FTSE 100 index of major blue-chip companies climbed 0.3 per cent to 7,435.76 points. In the eurozone, Frankfurt's DAX 30 index also rose 0.3 per cent to 13,243.48 points and the Paris CAC 40 added 0.4 per cent to 5,885.81. However, Asian stock markets tumbled again on Tuesday as the toll from a rapidly spreading Chinese virus spiked to more than 100 dead and thousands infected, with investors fretting over the impact on an already fragile world economy."European markets have set aside some of the concerns in relation to coronavirus. Basically, speculators are back in town and ready to support the markets," said Ava Trade analyst Naeem Aslam.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea: Stocks post sharpest fall in 15 months as China virus spreadsRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hot stocks: Medical plays, glove makers soar as Wuhan virus fears spreadHotStocks: Medical plays, glove makers soar as Wuhan virus fears spread
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Tuesday afternoon down 2.49% on daySingapore stocks: STI resumes Tuesday afternoon down 2.49% on day
Source: BusinessTimes - 🏆 15. / 51 Read more »

US stocks end sharply lower on virus fearsNEW YORK: Wall Street stocks finished solidly in the red on Monday (Jan 27) spooked by worries the coronavirus will weigh on global economic growth.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Stocks to watch: Mapletree Logistics Trust, Del Monte, Sasseur Reit, Global Invacom, Mary ChiaRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »