European stocks rally at open


(MENAFN- AFP) Europe's stock markets rallied at the start of trading on Friday, after Greece submitted new debt reform plans, while fears over a Chinese rout subsided.

London's benchmark FTSE 100 index of leading companies added 1.07 percent to 6,651.74 points and Frankfurt's DAX 30 jumped 1.6 percent to 11,170.71.

The CAC 40 in Paris surged 2.67 percent to 4,884.05 points compared with Thursday's close.


AFP

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