STOCK MARKETS BOUNCE AFTER SELL-OFF

Stock markets have risen, a day after billions were wiped off the value of shares amid global market turmoil.

London's,FTSE 100 index which measures the share prices of the 100 most valuable companies traded on the London Stock Exchange, was up nearly 1.5%.

Other European markets were also higher, and shares in the US were up shortly after trading began.

However, investors remain worried over the continuing slide in oil prices and slowing growth in China.

In the US, the Dow Jones was up 123.96 points, or 0.8%, at 15,7890.70 in early trade.

In the UK, the FTSE 100 rose 83.10 points to 5,756.68, and the share indexes in France and Germany   were both up by more than 1.5%.

Much earlier, Japan's main share index closed down by more than 2%.

On Wednesday, global stock markets suffered hefty losses and London's FTSE 100 ended the day down 3.5%.

By doing so it entered "bear market" having fallen 20% from its record high in April last year.

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