News24.com | European equities ahead at open thumbnail

News24.com | European equities ahead at open

Europe’s stock markets advanced in opening deals on Monday, despite a mixed performance in Asia, as dealers took their cue from Wall Street’s record-breaking pre-weekend rally.

Investor sentiment was also soothed by falling oil prices following news of progress in shifting a giant cargo ship blocking the Suez Canal.

In initial deals, London’s benchmark FTSE 100 index of major blue-chip companies rose almost 0.4% to 6 749.01 points.

In the eurozone, Frankfurt’s DAX 30 index also gained 0.4% to 14 805.51 points and the Paris CAC 40 added 0.3% to 6 004.21.

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