European Factors to Watch-Shares seen rising at open

miércoles 13 de abril de 2016 01:12 GYT

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report)

LONDON, April 13 (Reuters) - European stocks were seen opening higher on Wednesday, lifted by upbeat Chinese trade data.

Financial spreadbetters at IG expected Britain's FTSE 100 to open up by 37 points, or 0.6 percent higher. Germany's DAX and France's CAC were both seen up by 0.8 percent, with the DAX called 82 points higher while the CAC was called 36 points higher.

China's trade performance blew past expectations in March, with exports returning to growth for the first time in nine months, providing more evidence of stabilisation in the world's second-largest economy.

The pan-European FTSEurofirst 300 index closed up 0.6 percent on Tuesday, helped by gains at mining stocks which could outperform again on Wednesday given the solid data from China, which is the world's biggest consumer of metals.



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