European stocks rebound at open

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MG News | May 05, 2020 at 12:39 PM GMT+05:00

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May 05, 2020: Europe's major equity indices rebounded at the open on Tuesday, as more nations moved closer towards easing coronavirus lockdowns.

London's benchmark FTSE 100 index of leading blue-chip companies advanced 1.6 percent compared with the closing level on Monday to stand at 5,844.02 points.

In the eurozone, Frankfurt's DAX won 1.5 percent to 10,620.52 and the Paris CAC 40 added 1.6 percent to 4,449.82.

"European markets are trading higher as investors are optimistic about the re-opening of the global economy," said AvaTrade analyst Naeem Aslam.

"More and more countries are moving closer to ease the lockdown measures."

AFP/APP

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225.68M
0.48%
802.03
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685.91M
0.47%
477.65
KSE30 50,772.02
134.57M
0.57%
290.16
KMI30 239,923.35
145.03M
0.77%
1831.31
KMIALLSHR 66,042.80
345.76M
0.65%
425.34
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29.18M
0.06%
24.91
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26.44M
1.52%
502.39
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Name Last High/Low Chg/%Chg
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88,405.00
-3415.00
-3.68%
BRENT CRUDE 63.86 64.09
63.06
0.60
0.95%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.10
0.11%
ROTTERDAM COAL MONTHLY 97.25 97.25
97.25
0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 60.14 60.50
59.42
0.47
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SUGAR #11 WORLD 14.82 15.02
14.73
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