European stock markets stage modest rebound at open

News Image

MG News | February 25, 2020 at 02:24 PM GMT+05:00

0:00

Feb 25, 2020: European stocks rebounded somewhat at the open on Tuesday, after dizzying declines across the globe the day before sparked by fears about the economic fallout of the coronavirus.

At the start of trade, London's benchmark FTSE 100 index of leading blue-chip firms ticked 0.5 percent higher to 7,194.73 points.

In the eurozone, Frankfurt's DAX 30 index won 0.6 percent to 13,119.14 points and the Paris CAC 40 also increased 0.6 percent to 5,827.70 compared with the close on Monday.

Global stocks were hammered Monday as fears mounted that the new coronavirus would derail economic growth.

Stock prices in Frankfurt and Madrid fell by 4.0 percent, Paris shed 3.9 percent and London lost 3.3 percent.

News at the weekend that COVID-19 was now spreading and claiming lives far beyond China sparked a rout on trading floors across the world, with the Dow on Wall Street suffering its worst day in two years.

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 135,939.87
307.74M
-0.41%
-562.67
ALLSHR 84,600.38
877.08M
-0.56%
-479.52
KSE30 41,373.68
101.15M
-0.43%
-178.94
KMI30 191,069.98
82.45M
-1.17%
-2260.79
KMIALLSHR 55,738.07
422.01M
-1.03%
-577.24
BKTi 38,489.75
45.79M
-0.02%
-8.33
OGTi 27,788.15
6.87M
-1.24%
-350.24
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,745.00 120,695.00
116,090.00
-3490.00
-2.90%
BRENT CRUDE 68.81 69.41
68.60
-0.40
-0.58%
RICHARDS BAY COAL MONTHLY 96.50 96.50
96.50
0.50
0.52%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.25
-2.05
-1.92%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.67 67.13
66.22
-0.31
-0.46%
SUGAR #11 WORLD 16.56 16.61
16.25
0.26
1.60%

Chart of the Day


Latest News
July 15, 2025 at 05:46 PM GMT+05:00

Labubu Mania drives Pop Mart’s profit surge


July 15, 2025 at 05:22 PM GMT+05:00

Big industry output rises 2.29% in May


July 15, 2025 at 04:22 PM GMT+05:00

SYS set for 71% profit surge on global tailwinds



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg