PARIS - Shares in Europe rebounded on Thursday as markets gained ground following a chaotic week fuelled by fears of economic slowdown in China.
Earlier in the week global stocks had plunged amid fears over a slowdown in China's economy.
In Paris, the leading CAC 40 index was up 3.08% at 4,639 points, after losing 1.4% on Wednesday.
London's FTSE 100 traded 2.31% higher at 6,117.25 points, while the DAX 30 in Frankfurt gained 3.27% at 10,324.84.
Asian bourses had also closed the day higher, with Shanghai soaring 5.34% to end the worst five-day rout for almost two decades.
Despite enduring investor concern about China, trading in Europe and Asia received a lift from comments Wednesday by US Federal Reserve officials, who said the current turmoil had weakened the case for a US interest rate rise in September.