Tuesday, August 25, 2015

Europe: Stocks rebound from global rout

Europe: Stocks rebound from global rout

[PARIS] Europe's main stock markets rebounded on Tuesday from the "Black Monday" rout on global markets after China's central bank announced new measures to stimulate its slowing economy.
London's benchmark FTSE 100 index rose 3.09 per cent to close at 6,081.34 points.
In the eurozone, the CAC 40 in Paris jumped 4.14 per cent to end at 4,564.86, points, and Frankfurt's DAX 30 gained 4.97 per cent to 10,128,12 points.
AFP

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