6pm Markets Update

Updated: Wednesday 02 September 2015 18.24

European shares gained today after a volatile start to the week, drawing support from brokerage measures in China to invigorate the country's battered markets and from hopes for policy easing by major central banks.

In London the FTSE gained 0.41% to close on 6,083, while eurozone markets also closed up. In Frankfurt the DAX was up 0.69% to stand at 10,063, and in Paris the CAC gained 0.3% to close on 4,554.

In Dublin the ISEQ was up 0.2% in trading today. Ryanair (+3.56% at €12.51) and Aer Lingus (+0.41% at €2.46) both gained, while CRH (-1.27% at €25.31) and Permanent TSB (-2.44% to €4.68) both dropped in value.

US markets are also higher today, rebounding from steep losses yesterday, after China intervened to support its financial markets and help stem a global equities sell-off. Shortly after 6pm the Dow Jones was up 1.07% to stand on 16,231 and the Nasdaq had also gained, up 1.11% to 4,687.

Earlier in Asian trade, Tokyo's Nikkei index closed 70 points (0.4%) lower at 18,695 while the Hang Seng index in Hong Kong lost 250 points (1.2%) to finish at 20,935 - its lowest level in two years as China's markets continued to wobble.