RTRS: Europe stocks to bounce from Friday drop -bookies
Financial bookmakers expected to see the leading European benchmark indexes rise on Monday, boosted by news that the U.S. government could end up owning as much as 40 percent of Citigroup (C.N).
Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 31 to 37 points higher, as much as 1 percent, Germany's DAX .GDAXI to open 37 to 50 points higher, as much as 1.2 percent, and France's CAC-40 .FCHI to open 32 to 35 points higher, as much as 1.3 percent.
European shares fell 3.7 percent on Friday, hitting a six-year closing low, with investors dumping equities to grab assets such as bonds and gold as the deepening economic downturn hit market sentiment and raised fears of bank nationalisations.