Business News

European stock markets nudge higher at open

LONDON, (APP/AFP) – Europe’s main stock
markets inched upward at the start of trading on Wednesday, with London, Frankfurt and Paris each gaining around 0.1 percent.
London’s benchmark FTSE 100 index opened at 6,130.03 points compared with
Tuesday’s close.
In the eurozone, Frankfurt’s DAX 30 advanced slightly to 9,700.16 points
and the Paris CAC 40 climbed to 4,405.95.
World indices had fallen heavily on Tuesday and nervous investors in Asia
resumed selling Wednesday on worries over the weak global economy.
The International Monetary Fund on Tuesday urged governments to take action
to prevent another global recession, warning there was an increasingly
“dangerous” view that policymakers are out of ideas or had lost the will.