European stocks rise at open

Dunya News

Frankfurt's DAX 30 advanced 0.78 percent to 9,139.00 points and in Paris the CAC 40 gained 0.35pc.

LONDON (AFP) - European stock markets rose at the start of trading on Wednesday, with London s benchmark FTSE 100 index up 0.44 percent to 6,430.14 points.

Frankfurt s DAX 30 advanced 0.78 percent to 9,139.00 points and in Paris the CAC 40 gained 0.35 percent to stand at 4,126.97 compared with Tuesday s closing value.

In Paris, shares in drugmaking group Sanofi fell by 5.38 percent to 70.72 euros after the removal of the group s chief executive. The shares had fallen by more than 10.0 percent on Tuesday on a results setback and speculation that the top executive would be pushed out.

Shares in micro-processor maker STMicroeletronics plunged 7.09 percent to 5.17 euros after the group warned that activity would slow down in the fourth quarter of this year.