European stocks rebound from global rout

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MG News | September 21, 2021 at 01:27 PM GMT+05:00

Sep 21, 2021: Europe's stock markets rebounded in opening deals on Tuesday, after a global slump the previous day was sparked by fears over the possible collapse of property giant China Evergrande.

London's benchmark FTSE 100 index gained almost 0.8 percent to 6,955.84 points, compared with Monday's closing level.

In the eurozone, the Paris CAC 40 won 1.1 percent to 6,523.52 points, buoyed by a bright stock market debut for Universal Music Group.

Frankfurt's newly expanded DAX 40 index rose 0.6 percent to 15,221.20.

Equities fluctuated in Asia with investors nervously keeping an eye on Evergrande.

Markets are also juggling an expected tightening of US monetary policy, rising Covid infections, a slowing global recovery, elevated inflation, and a brewing energy crunch.

AFP/APP

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169.98M
0.67%
1091.66
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389.81M
0.63%
617.70
KSE30 48,687.46
89.94M
0.72%
346.80
KMI30 233,849.31
94.62M
0.50%
1168.71
KMIALLSHR 64,048.09
199.49M
0.59%
373.04
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28.49M
1.07%
471.40
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8.77M
1.31%
443.56
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Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,180.00 77,425.00
76,120.00
-715.00
-0.93%
BRENT CRUDE 110.66 111.58
109.01
-1.44
-1.28%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.25
-6.18%
ROTTERDAM COAL MONTHLY 111.50 111.50
111.50
0.90
0.81%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 103.49 104.71
102.12
-0.89
-0.85%
SUGAR #11 WORLD 15.04 15.05
14.69
0.31
2.10%

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