European Factors to Watch-Shares seen recovering slightly after sell-off

martes 25 de agosto de 2015 01:39 GYT
 

(Adds company news items)

LONDON Aug 25 (Reuters) - European shares were seen opening higher on Tuesday to recover slightly from a sharp sell-off in the previous session that led to nearly 450 billion euros ($519.89 billion) wiped off the region's top shares.

Financial spreadbetters expected Britain's FTSE 100 to open up by 61-66 points, or 1-1.1 percent higher. Germany's DAX was seen opening up by 212-232 points, or 2.2-2.4 percent higher, while France's CAC futures were marked up in early trade.

The FTSE and DAX had both fallen 4.7 percent on Monday, while the pan-European FTSEurofirst 300 index slumped 5.4 percent, with roughly 450 billion euros wiped off the total market capitalisation of the FTSEurofirst in its worst daily closing performance since November 2008.

World financial markets have been rattled in recent weeks by China's devaluation of its yuan currency and by a sell-off in the Chinese stock market.

Chinese shares slumped again on Tuesday, but other Asian stock markets recovered ground.

The leaders of Germany and France also voiced confidence on Monday that China would take the necessary steps to stabilise its economy.

($1 = 0.8656 euros) ------------------------------------------------------------------------------ > Asian shares bounce off 3-year lows while China's suffering goes on > US STOCKS-Wall St posts worst day in four years, S&P 500 now in correction > Nikkei reverses course in volatile trade, rises on solid U.S. futures > TREASURIES-U.S. bond prices gain on global market jitters > FOREX-Dollar climbs vs yen as risk aversion eases > PRECIOUS-Gold holds below 7-week high as dollar, equities recover > METALS-Copper stages modest rebound after rout on China woes > Oil rebounds after sharp losses, but China worries weigh

  Continuación...