Friday, December 23, 2011

European stocks end week high amid optimism the growth of U.S

European stocks end week high amid optimism the growth of U.S
European shares on Friday, the best weekly performance since the beginning of December in light trading amid optimism the global economic recovery after a series of U.S. data over the week, including data houses and signs of unemployment benefits on the growth of the economy.But Friday's data was more variable, recording the level of U.S. consumer spending flat while sales of new homes.Trading volumes were recorded daily in the third of the average 90 days and expect traders to lose its dynamism, the seasonal rise in the new year with the continuation of the debt crisis of the euro area and the threat of more cuts credit rating for companies and governments.The shares of oil companies that performed strongly linked to global growth of the biggest gainers, rising Stoxx Europe 600 index for the oil and gas companies 1.3 percent and ended the week up 3.9 percent.Said Colin McLean, Managing Director, S. In. Umm Asset Management, "U.S. data was better ... and certainly suggest (to the growth prospects of the economy)."The FTSEurofirst 300 ‪ of leading European shares was up 0.8 percent at 990 points, its highest close since the sixth of December and ending the week at an altitude of almost 3.4 percent.Across Europe, rose by FTSE ‪ British and the French CAC 40 ‪ one percent and the DAX rose 0.5 percent, Germany ‪.The index rose 0.9 percent Aapeix Spanish and sign me. S. Any Portuguese 1.3 percent and the FTSE Miep Italy's 0.3 percent.

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