PHOTO
Brokers are working at the stock exchange in Frankfurt, Germany, on March 20, 2023, after German arms manufacturer Rheinmetall was introduced to the German Stock Market Index DAX. - Rheinmetall will join Frankfurt's blue-chip DAX index, highlighting the improving fortunes of the country's weapons industry as the Ukraine war spurs demand. (Photo by Daniel ROLAND / AFP)
Europe's main stock markets diverged at the start of trading on Friday, with big gains for Paris and London and a slight fall in Frankfurt.
London's benchmark FTSE 100 index jumped 0.7 percent to 7,584.53 points following more record-high finishes on Wall Street and a mixed showing by leading Asian indices.
The Paris CAC 40 index rallied 1.3 percent to 7,560.79 points as shares in luxury giant LVMH soared following a strong earnings report.
Frankfurt's DAX shed 0.2 percent to 16,875.68 as a key survey showed consumers in Europe's biggest but slowing economy are feeling significantly more pessimistic heading into February.
