European stocks rebound at open before US jobs data

By MG News | February 04, 2022 at 02:33 PM GMT+05:00

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February 04, 2022: European stock markets rebounded at the open Friday, a day after falling on concerns over interest rate hikes and a plunge in the share price of Facebook parent company Meta.

London's benchmark FTSE 100 index won 0.8 percent to 7,587.83 points, as traders looked ahead to US monthly jobs data out Friday.

In the eurozone, Frankfurt's DAX index gained 0.3 percent to 15,420.39 points and the Paris CAC 40 advanced 0.6 percent to 7,049.80.

Analysts said concerns over the US tech sector after Meta shed more than a quarter of its value Thursday had been offset by strong earnings from Amazon.

AFP/APP

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KSE100	130,892.65 7.65M	0.16% 205.99
ALLSHR	81,485.01 44.35M	0.22% 179.76
KSE30	39,952.78 4.07M	0.02% 7.33
KMI30	190,973.99 4.26M	0.14% 275.94
KMIALLSHR	55,210.12 18.60M	0.25% 135.97
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,945.00	110,525.00 109,735.00	-470.00 -0.43%
BRENT CRUDE	68.54	68.89 68.42	-0.26 -0.38%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	108.45	109.80 108.45	-0.55 -0.50%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.85	67.18 66.72	-0.15 -0.22%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%