(menafn – ecpulse)
The European main indices ended higher today after uncertainty eased in Europe when Spanish Finance minister said that his country doesn’t need a bailout.
Also, the U.S. unemployment rate declined unexpectedly to 7.8% from 8.1% which eased concerns over the country’s labor sector despite that the economy added just 114 K jobs during September lower than expected of 115K added jobs, but the previous reading was revised higher to 142 K from 96 K added jobs.
The upside effect from Draghi’s comments (the president of the ECB) when he saud the bank would start the buying-bond program remain valid.
STOXX 600 ended higher today by 1.02% at 274.11; STOXX 50 ended also in green, higher by 0.97% at 2565.06.
CAC 40 Index
The French benchmark index ended in the green today to settle at 3457.04, higher by 55.84 points or 1.64%. The index opened at 3415.41 recording a high of 3461.84 and a low of 3410.98.
The best performers in terms of added value to the index were led by Sanofi SA which inclined 1.87% to settle at €68.73. Following was BNP Paribas SAwhich surged 3.54% to settle at €39.39, while coming in third was Schneider Electric SA which rose 3.96% to close at €50.42.
As for the worst performing shares, they were Bouygues SA as it fell 1.41% to end at €19.29;followed by Cie Generale doptique Essilor as it shed 0.25% to settle at €71.52 and Accor SA which declined 0.34% to settle at €26.42.
German equities advanced today where the benchmark index DAX 30 ended higher to settle at 7397.87 with a gain of 92.66 points or 1.27%. The index opened the day at 7327.70 setting the high of 7409.78 and the low of 7312.79.
Leading shares in terms of contribution today started with Infineon Technologies AG which surged 3.28% to close at £5.23; following was Bayer AG which added 2.57% to end trading at £69.01 and Adidas AG which added 2.49% to close at £67.08.
FTSE 100 Index
The British benchmark index ended the day higher to settle at 5871.02 with a gain of 43.24 points or 0.74%. The index opened the day at 5827.78 setting the high of 5885.57 and the low of 5827.61.
Leading shares in terms of contribution today started with Vodafone Group PLC which surged 1.49% to close at £180.65; following was HSBC Holdings PLC which added 1.18% to end trading at £599.80 and Rio Tinto PLC which added 2.19% to close at £2987.00.
Meanwhile, lagging shares were led by BG Group PLC where it ended down by 1.10%, closing at £1300.50; following was Old Mutual PLC which shed 2.65% to close at £172.40 and Tesco PLC which slipped 0.88% to close at £315.35.