7/20, 9:01 AM (Source: TeleTrader)
more TeleTrader news

Europe opens higher after selloff

Major European stock markets opened in the green on Tuesday following Monday's big selloff caused by worries over the latest rise in COVID-19 cases. Elsewhere, market watchers focused on corporate earnings as UBS and easyJet posted their results before the bell.

The FTSE 100 added 0.45% at 9:00 am CET with Intercontinental Hotels Group, up 2.27%, leading the gains.

The DAX jumped 0.71% at 9:03 am CET. The best performer was Deutsche Bank, whose shares gained 1.70% at 9:04 am CET.

The CAC 40 rose 0.48% at 9:00 am CET as Alston climbed 2.53%.

The euro lost 0.18% against the dollar to go for 1.17785 and the pound fell 0.30% compared to the US currency to sell for 1.36335 at 8:59 am CET.

Breaking the News / NP