European stocks gain ground at open

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By MG News | February 10, 2022 at 02:35 PM GMT+05:00

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February 10, 2022: European stock markets climbed at the open on Thursday, as investors digested a barrage of company results ahead of key US inflation data.

London's benchmark FTSE 100 index of major blue-chip companies won 0.3 percent to 7,663.47 points.

Frankfurt's DAX index rose 0.6 percent to 15,569.85 and the Paris CAC 40 added 0.2 percent to 7,147.84, compared with Wednesday's closing levels.

Asian stocks also enjoyed further gains Thursday as traders jostled for position ahead of the release of US inflation data later in the day that could have a huge bearing on the Federal Reserve's rate hike plans.

AFP/APP

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