European equities rise at open, London nears record

 04 Jan 2018 - 12:29

European equities rise at open, London nears record

AFP

London: Europe's major stock markets advanced in opening deals on Thursday, with London approaching an all-time peak amid a broad global rally.

The British capital's benchmark FTSE 100 index of major blue-chip companies gained 0.3 percent to 7,696.62 points compared with the close on Wednesday.

In the eurozone, the Paris CAC 40 added 0.5 percent to 5,360.01 and Frankfurt's DAX 30 won 0.7 percent to 13,065.98 points.

Tokyo led another strong rally across Asian markets as soaring oil prices helped energy firms post bumper gains, following more records in Wall Street action on Wednesday.