Skip navigation
logo
(AFX UK Focus) 2008-11-10 05:55
European indexes seen up 2.9-3.6 pct -bookmakers
Article layout: raw

LONDON, Nov 10 (Reuters) - European shares are set to open sharply higher on Monday, according to financial bookmakers, tracking gains in Asia after China announced a nearly $600 billion stimulus package to boost growth.
Financial bookmakers expected Britain's FTSE 100 to open up 117 to 126 points, or as much as 2.9 percent, Germany's DAX to open 131 to 153 points higher, or as much as 3.1 percent, and France's CAC-40 to be 107 to 124 points higher in the open, or as much as 3.6 percent.
In Asia, Japan's Nikkei average rose 5.3 percent and Hong Kong's Hang Seng Index advanced 3.4 percent.
The pan-European FTSEurofirst 300 index closed up 1.8 percent on Friday, while U.S. stocks rose on bargain hunting.
(For more on China's stimulus package and the financial turmoil, click on and, respectively)

(Reporting by Dominic Lau; Editing by Ben Tan) Keywords: MARKETS EUROPE STOCKS/CALL (dominic.lau@reuters.com; +44 20 7542 5440; Reuters Messaging: dominic.lau.reuters.com@reuters.net)

COPYRIGHT

Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Stocks
Article layout: raw
Jump back to site navigation