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European stocks open higher on Japan news

AFP

Europe's main stock markets climbed at the start of Wednesday trade, after Japan's huge stimulus announcement and before the US Federal Reserve's interest rate call.

In initial deals, London's FTSE 100 index added 0.3 percent to 6,745.75 points compared with the close on Tuesday, as dealers also awaited the first estimate of Britain's second-quarter economic growth.

In the eurozone, Frankfurt's DAX 30 gained nearly 0.7 percent to stand at 10,314.43 points and the Paris CAC 40 also won about 0.7 percent to reach 4,424.60.

Across in Asia, Tokyo stocks rallied after Japanese Prime Minister Shinzo Abe said his government will launch a whopping 28 trillion yen ($266 billion) economic stimulus package to shore up the nation's faltering economy.

Tokyo's benchmark Nikkei 225 index jumped 1.72 percent to close at 16,664.82 points.

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