London’s stock market gave up early gains after a rebound in Asia following yesterday’s global sell-off faded.
The FTSE 100 started the day around 40 points higher but before midday was trading up 3 points, or 0.04 per cent, at 8,011.23. The more UK-focused FTSE 250 gained 70 points, or 0.36 per cent, at 20,310.47.
Markets in Germany and France slid 0.15 per cent and 0.55 per cent respectively. Futures markets point to US markets opening higher.
The early bounce in Asia followed a 10.2 per cent rise in Tokyo’s Nikkei 225, by 3,217.04 points, to 34,675.46 after closing down 12.4 per cent on Monday in its biggest one-day fall since the 1987 Black Monday crash.
South Korea’s Kospi added 3.8 per cent and Australia’s