European markets rebound amid Ukraine crisis, gain over 3%

London's FTSE 100 performs best by jumping 3.91%, Germany's DAX 30 rises 3.67%

By Ovunc Kutlu

ANKARA (AA) – European stock indices rebounded to close higher on Friday with gains over 3%, after Russia's attack on Ukraine caused turmoil in markets a day earlier.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 14.57 points, or 3.32%, to close at 453.53.

London's FTSE 100 was the best performer of the day jumping 282 points, or 3.91%, to finish at 7,489.

Germany's DAX 30 jumped 515 points, or 3.67%, to close at 14,567. France's CAC 40 was up 231 points, or 3.55%, to 6,752.

Italy's FTSE MIB soared 893 points, or 3.59%, to finish the day at 25,773.

Spain's IBEX 35 increased 288 points, or 3.51%, to end at 8,486.

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