Europe opens higher, DAX jumps 200 points

Friday, 08. April 2022 09:02

Major European stocks opened Friday's session with significant gains a day after the European Union reached a deal on imposing fresh sanctions on Russia over its military offensive on Ukraine. Following the European Parliament's voting, EU member states agreed to ban imports of Russian coal among several measures.

The DAX surged 1.40% or 197 points at the opening bell. The FTSE 100 gained 0.82%. The CAC 40 rose 1.25%. At the same time, the euro declined by 0.18% against the dollar to sell for 1.08615, while the pound slid 0.24% to $1.30441.

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