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European stocks open higher with all eyes on Ukraine

London's benchmark FTSE 100 advanced 0.5 percent to 7,531.42 points compared with Tuesday's closing level.

February 23, 2022 / 14:14 IST
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Stock Market, Buzzing Stocks

European stock markets climbed at the open on Wednesday, as investors tracked the latest developments in the Russia-Ukraine crisis.

London's benchmark FTSE 100 advanced 0.5 percent to 7,531.42 points compared with Tuesday's closing level.

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In the eurozone, Frankfurt's DAX added 0.8 percent to 14,814.86 points and the Paris CAC 40 won almost one percent to 6,854.16.

Asian equities also pushed higher after world powers imposed less harsh sanctions on Moscow than feared.