European Stocks Attempt Rebound... UK FTSE Up 4.21%
[Asia Economy Reporter Bu Aeri] European stock markets are attempting a rebound on the 13th, leaving behind the worst declines caused by recession fears due to the spread of the novel coronavirus infection (COVID-19).
On this day, major European stock markets are showing gains of 3-4% at the opening.
As of 7 PM, the FTSE 100 index of the London Stock Exchange in the UK is trading at 5458.53, up 4.21% compared to the previous trading day.
The CAC 40 index of the Paris Stock Exchange in France is also trading at 4202.87, up 3.86%.
The DAX 30 index of the Frankfurt Stock Exchange in Germany is showing a 3.48% increase at 9475.74.
The rebound in European stock markets follows the worst decline since 1987 recorded the previous day due to weakened investor sentiment caused by the spread of COVID-19.
Hot Picks Today
!["Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]](https://cwcontent.asiae.co.kr/asiaresize/93/2025050713592847164_1746593968.jpg)
"Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Jay Y. Lee Bows His Head: "I Will Face the Harsh Storm"...Apologizes for Samsung Labor-Management Conflict
- "Drink Three Cups of Coffee and Stay Up All Night Before the Test"... Manual of Insurance Planner Who Collected 1 Billion Won in Payouts
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- "Wearing a Leather Jacket in 30-Degree Heat, Jensen Huang Enjoys Street Food as Beijing's 'Mukbang Star': 'It's Delicious'"
One of the factors behind the rebound is the series of announcements by major countries such as the United States, Japan, and Europe to ease investor panic by expanding liquidity supply and implementing short-selling bans.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
