In the eurozone, Frankfurt’s DAX 30 firmed 0.2 per cent to 14,535.65 and Paris won 0.5 per cent to 6,077.57. ― Reuters picLONDON, March 15 — European stock markets opened higher today on hopes that vaccines and stimulus would fuel global economic recovery from the coronavirus crisis, dealers said.
In the eurozone, Frankfurt’s DAX 30 firmed 0.2 per cent to 14,535.65 and Paris won 0.5 per cent to 6,077.57. “Investors continue to anticipate speedy economic recoveries as the powerful forces of accelerating vaccine rollouts and significant financial assistance combine,” said Richard Hunter, head of markets at online trading firm Interactive Investor.
“Indeed, the current fear is that the package could actually overheat the economy, and the meeting of the Federal Reserve later in the week will need to allay that concern.”