Spreadbetters see Europe stocks rising on Cyprus deal
PARIS, March 25
PARIS, March 25 (Reuters) - Financial spreadbetters expect Europe's main stock indexes to rally on Monday after Cyprus reached a deal with international lenders for a 10 billion euro bailout.
Spreadbetters expect London's FTSE 100 to open around 39 points higher, or up 0.6 percent, Frankfurt's DAX to open 70 points higher, or up 0.9 percent, and Paris' CAC 40 to open 40 points higher, or up 1.1 percent.
As part of the bailout plan, Cyprus will shut down its second largest bank and inflict heavy losses on uninsured depositors.
- Pope attacks mega-salaries and wealth gap in peace message
- Air strike kills 15 civilians in Yemen by mistake: officials
- Probation for drunk Texas teen driver who killed four sparks backlash
- Atheists face death in 13 countries, global discrimination: study
- South Africa admits error over 'schizophrenic' Mandela signer |