LONDON: European stock markets rebounded at the open tuesday, erasing some of the previous session's heavy losses, as virus-fuelled volatility grips investors.
London gained 2.2 percent, having closed down 4.0 percent monday.
Elsewhere at the European start tuesday, Frankfurt recovered 4.5 percent, Paris won 4.0 percent and Milan gained 3.7 percent.
Europe’s lockdown over the coronavirus continues to dominate. Italy and Spain remain the worst hit countries but France and Germany have also reported sharp rises in cases. The French president announced that the European Union would be closing its external borders on Tuesday.
Emmanuel Macron also said he was ordering people in France to stay at home for up to 15 days because of the coronavirus outbreak.
