European and Asian markets open year higher

European markets followed Asian exchanges higher on the first trading day of the new year.

London’s FTSE 100, the Paris CAC-40 and Frankfurt’s DAX were all up more than a percent in mid-afternoon trading Friday.

Earlier the Hang Seng index in Hong Kong shot up 4.55 percent, while Seoul’s KOSPI climbed 2.93 percent. The All Ordinaries index in Sydney had dipped about 0.10 percent at closing time.

Tokyo’s stock exchange remained closed for the holiday Friday. Japan’s benchmark Nikkei index closed Tuesday down 42.1 percent for the year.

This is a preview of European and Asian markets open year higher.
Read the full post...

Tags: aex, asian, cac-40, dax, european, eurozone, ftse, hang seng