Amsterdam stock market up

11th August 2011, Comments 0 comments

Amsterdam’s AEX index was up 1.3 on Thursday morning 45 minutes after it opened. The stock markets in London, Paris and Frankfurt were also in the plus by between 1.8 and 2.1 percent.

Financial stocks - which took a battering on Wednesday following rumours that France’s creditworthiness was to be downgraded - bounced back somewhat. They included French bank Société Générale which rose 7 percent after having lost 20 percent on Wednesday.

The markets remain extremely volatile, and the opening gains gradually lessened somewhat. On Wednesday, stocks on the European markets rose at first, only to close deep in the red.

© Radio Netherlands Worldwide

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