In initial deals, the benchmark Paris CAC 40 shares index rose 0.5 per cent to 4,591.83 points, Frankfurt’s DAX 30 added 0.6 per cent to 11,624.32 and London’s FTSE 100 gained 0.2 per cent to 5,594.08. — Reuters pic
In initial deals, the benchmark Paris CAC 40 shares index rose 0.5 per cent to 4,591.83 points, Frankfurt’s DAX 30 added 0.6 per cent to 11,624.32 and London’s FTSE 100 gained 0.2 per cent to 5,594.08. All three markets had fallen sharply the previous day. “Downside risks have been evident for weeks, if not months, and we’re starting to see some of these materialise.
Europe had been pummelled yesterday with Frankfurt stocks diving more than four per cent, Paris slumping more than three per cent and London losing 2.6 per cent.
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