Retailers also plunged. Marks & Spencer shed 1.14%, Next declined 0.95% and Sainsbury dropped 0.84%.

Asian Markets Review

The Nikkei 225 Index in Tokyo closed higher 208.34 or 1.58% to 13,367.79, Hang Seng index in Hong Kong increased 432.60 or 1.94% closed to 22,690.60. ASX 200 index in Australia increased 89.30 or 1.84% to close 4,936.70. The KL Composite index in Malaysia increased 9.14 or 0.79% closed to 1,159.94.

The Kospi Index in South Korea increased 10.50 or 0.67% to close at 1,577.70. SET index in Thailand closed lower 6.83 or 1.01% to 669.90. The Sensex index in India increased 495.67 or 3.59% to 14,287.21. Market of Indonesia was closed today.

Europe Markets Review

In London FTSE 100 Index closed higher 101.50 or 1.91% to 5,420.70, in Paris CAC 40 Index increased 80.06 or 1.85% to close at 4,400.55 and in Frankfurt DAX index higher 61.32 or 0.96% to close at 6,460.12. In Zurich trading SMI increased 115.61 or 1.65% to close at 7,108.91.