BUSINESS European stock markets rebound at open; London up 3%

BUSINESS

European stock markets rebound at open; London up 3%

AFP

16:08, March 13, 2020

fd93b169fe6441b6a6778540695b6ca5.jpg

File photo: AFP

European stock markets rebounded at the start of trading Friday, but failed to overturn the previous day's plunge seen on heightened recession fears triggered by the coronavirus pandemic.

Shortly after the open, London was up 3.4 percent, Frankfurt won 2.1 percent, Paris gained 2.4 percent and Milan rallied 4.5 percent.  

Paris suffered its worst one-day lost ever Thursday and London and Frankfurt had their blackest days since the late 1980s with losses of around 10-12 percent.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue