Saturday, 30 June 2012

Global shares rise on eurozone bank bailout deal

European and US stock markets surged on Friday after eurozone leaders agreed a bailout deal for the region's debt-laden banks.
In Greece, the Athex index of leading shares rose 5.63%, led by its banking stocks.
In France the Cac 40 index rose 4.75%, while the German Dax index rose 4.33%.
In London, the FTSE 100 ended the day 1.42% higher, while the US's Dow Jones rose 2.2%.
Spain and Italy, the two countries likely to benefit most from the EU banking agreement, also saw shares gain. Madrid's IBEX index rose 5.66% to its highest level for two years, while Milan's FTSE MIB added 6.59%.
Source :BBC

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