LONDON, March 7: European stocks and the euro turned positive on Wednesday, staunching sharp losses seen a day earlier on equity markets as investors did a bit of bargain shopping.

In London, the FTSE 100 index of leading shares ended the day with a gain of 0.44 per cent at 5,791.41 points.

The Frankfurt DAX was 0.57 per cent higher at 6,671.11 points, and the CAC 40 added 0.89 per cent to 3,392.33 points.

On Tuesday, the DAX lost 3.40 per cent, CAC 40 tumbled 3.58 per cent and the FTSE 100 slid 1.86 per cent amid concern over conditions of a Greek debt write-down and prospects for global growth.—AFP

Opinion

Editorial

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