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London FTSE 100 index ends 0.56% higher, Frankfurt’s DAX gains 1.61  %

London FTSE 100 index ends 0.56% higher, Frankfurt’s DAX gains 1.61 %

LONDON: European stock markets and the euro pursued privilege as financier response had recovered in Germany in a sign that the eurozone’s major economy is defeating depression.

London’s benchmark FTSE 100 index rose 0.56 percent to end the day at 6,709.13 points, while Frankfurt’s DAX 30 motored ahead 1.61 percent to 9,456.53 points and in Paris the CAC 40 climbed 0.86 percent to 4,262.38 points.

Rome gained 0.71 percent and Madrid mustered a 1.20 percent gain.

The European single currency increased to $1.2538 from $1.2448 late in New York on Monday