[European Stocks] Early Session Gains Across the Board... UK FTSE Up 2.63%

[Asia Economy Reporter Seulgina Jo] European stock markets showed a unified upward trend in the early trading session on the 29th (local time).

As of 6:40 PM Korean time, the UK FTSE 100 index was trading at 6,673.22, up 2.63% from the previous close. The German DAX index rose 0.51%, and the French CAC index increased by 0.59%. The Stoxx 600 index was moving up 1.14% at 403.14.

The sharp rise in the New York stock market following U.S. President Donald Trump's signing of the COVID-19 economic stimulus package the previous day is interpreted as a positive factor. Despite it being the ex-dividend date on the 29th, the Korean KOSPI recorded an upward trend, marking a record high for the third consecutive trading day.