PARIS, Nov 24 (Reuters) - Financial bookmakers expect to see the leading European benchmark indexes rallying on Monday, as the market tracks a late rally in New York on Friday and as investors cheer a rescue plan for embattled U.S. bank Citigroup .
The U.S. government late on Sunday unveiled to a $306 billion rescue package for Citigroup, in the latest attempt to bolster the stricken financial services sector.
Spreadbetters are looking for London's FTSE to open up 147 to 152 points, or as much as 4 percent, Frankfurt's DAX to gain 125 to 163 points, or as much as 3.9 percent, and Paris' CAC 40 to rise 117 to 150 points, or as much as 5.2 percent in early trade.
(Reporting by Blaise Robinson) Keywords: MARKETS EUROPE STOCKS/BOOKIES (blaise.robinson@reuters.com ; +33 1 4949 5269, Reuters Messaging: blaise.robinson.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The U.S. government late on Sunday unveiled to a $306 billion rescue package for Citigroup, in the latest attempt to bolster the stricken financial services sector.
Spreadbetters are looking for London's FTSE to open up 147 to 152 points, or as much as 4 percent, Frankfurt's DAX to gain 125 to 163 points, or as much as 3.9 percent, and Paris' CAC 40 to rise 117 to 150 points, or as much as 5.2 percent in early trade.
(Reporting by Blaise Robinson) Keywords: MARKETS EUROPE STOCKS/BOOKIES (blaise.robinson@reuters.com ; +33 1 4949 5269, Reuters Messaging: blaise.robinson.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.