Wednesday, 09 September 2015 13:01
LONDON: European equities climbed in opening deals on Wednesday in a global rally spurred by bumper gains in Tokyo.
London’s benchmark FTSE 100 index leapt 1.68 percent to 6,249.02 points in initial trade.
In the eurozone, Frankfurt’s DAX 30 soared 2.12 percent to 10,489.29 and the Paris CAC 40 shot 2.37 percent higher to 4,707.41 points.
In recent weeks, fears of Chinese economic slowdown have sent panic through world stock exchanges, as the country is a key driver of global expansion and a vital market.
However, European and US stock markets powered higher Tuesday, boosted by rallying Shanghai equities and an upgrade for eurozone second-quarter economic growth.
