European stock markets rebounded in opening deals on Tuesday, after plunging the previous day on escalating tensions between Russia and Ukraine.
London's benchmark FTSE 100 index of top companies rose 0.90 percent to 6,769 points, Frankfurt's DAX 30 gained 1.01 percent to 9,453.77 points and in Paris the CAC 40 added 1.13 percent to 4,339.53 compared with Monday's close.
"With no new headlines breaking on the geopolitical situation, it looks like investors are taking this opportunity to claw back the steep losses of yesterday's session," said Spreadex trader Sam Fox.
He added: "Investors will be closely watching for any clarity on the Ukraine situation which should slowly come to light throughout the day."
Asian equities steadied Tuesday after the previous day's fierce global sell-off, but investors remain on edge as they await world leaders' response to Russia's decision to send forces into Ukraine.
Moscow's stock markets meanwhile rebounded by more than three percent higher on Tuesday after plunging on Monday.
World shares had mostly tumbled on Monday after Russia's parliament voted to allow President Vladimir Putin to send troops into Crimea, a mainly Russian-speaking peninsula in the southeast of the ex-Soviet state.
It came following last month's ousting of the pro-Russian government in Kiev of Viktor Yanukovych, after weeks of protests in the capital.
The weekend news also sent investors fleeing to safe-haven assets like gold and the yen on Monday, while oil prices soared.
European stock markets rebounded in opening deals on Tuesday, after plunging the previous day on escalating tensions between Russia and Ukraine.
London’s benchmark FTSE 100 index of top companies rose 0.90 percent to 6,769 points, Frankfurt’s DAX 30 gained 1.01 percent to 9,453.77 points and in Paris the CAC 40 added 1.13 percent to 4,339.53 compared with Monday’s close.
“With no new headlines breaking on the geopolitical situation, it looks like investors are taking this opportunity to claw back the steep losses of yesterday’s session,” said Spreadex trader Sam Fox.
He added: “Investors will be closely watching for any clarity on the Ukraine situation which should slowly come to light throughout the day.”
Asian equities steadied Tuesday after the previous day’s fierce global sell-off, but investors remain on edge as they await world leaders’ response to Russia’s decision to send forces into Ukraine.
Moscow’s stock markets meanwhile rebounded by more than three percent higher on Tuesday after plunging on Monday.
World shares had mostly tumbled on Monday after Russia’s parliament voted to allow President Vladimir Putin to send troops into Crimea, a mainly Russian-speaking peninsula in the southeast of the ex-Soviet state.
It came following last month’s ousting of the pro-Russian government in Kiev of Viktor Yanukovych, after weeks of protests in the capital.
The weekend news also sent investors fleeing to safe-haven assets like gold and the yen on Monday, while oil prices soared.
