Major stock markets outside the United States ended on Wednesday. European stocks ended higher for the second straight session, extending a partial recovery from last week's steep sell-off and led higher by merger talk in utilities and stronger oil shares.
ABN Amro's shares advanced 1.3 percent as pressure grew for the Dutch bank's shakeup, while Endesa rose 2.2 percent as Germany's E.ON said it could settle for a minority stake in the Spanish utility. E.ON gained 1.3 percent. The pan-European FTSEurofirst 300 index closed 0.47 percent stronger at 1,467.326, still down one percent so far this year.
FRANKFURT STOCKS ECHANGE: The DAX index ended at 6617.75 points, up 22.75 or 0.34 percent.
PARIS STOCKS ECHANGE: The CAC-40 index closed at 5455.07 points, up 17.94 or 0.33 percent.
ZURICH STOCKS ECHANGE: The Swiss market index closed at 8878.43 points, up 102.83 or 1.17 percent.
MILAN STOCKS ECHANGE: The All Share Mibtel index closed at 31372 points, up 66 or 0.21 percent.
SYDNEY STOCKS ECHANGE: Australian shares rose 0.9 percent, gaining for a second straight session along with a rebound in global markets, with index heavyweights such as BHP Billiton leading the rise. The benchmark S&P/ASX 200 index rose 53.5 points to close at 5,825.3.
JOHANNESBURG STOCKS ECHANGE: South Africa's Exxaro Resources leapt 7 percent on analyst upgrades to lead the bourse higher, but mining companies led by Anglo American gave up the previous day's gains. The All-share index added 52.29 points or 0.21 percent to end at 25,280.40 points. The All Gold index closed at 2726.86 points, down 17.42 or 0.63 percent, while the Industrial index closed at 17922.21 points, up 141.53 or 0.80 percent.
Comments
Comments are closed.