Europe Stocks Start 2005 at 30-Month High
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European shares got off to a sparkling start of the New Year, rallying to a 30-month high on Monday after a broad rebound of the dollar lifted exporters such as car giant DaimlerChrysler.
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Europe&#39;s equity markets jumped on Friday after Wall Street soared higher overnight, with Frankfurt&#39;s DAX 30 index of leading shares surging to a historic record above 8,150 points.
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European equity markets were expected to get off to a higher start on Monday after stocks on Wall Street ended firmly last week as oil prices slipped from recent highs.
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European equity markets moved higher by mid-morning on Wednesday, staging a modest recovery after five consecutive days of trading losses.
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European stock markets hit their highest levels in nearly 2-1/2 years on Friday, pumped up by chipmakers Infineon and ASML after industry bellwether Intel boosted its quarterly revenue outlook.
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The euro rose to a new record high against the dollar, climbing to 1.2937 dollars in late European trades.
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European stocks rose Monday as the euro retreated from record highs against the dollar and merger speculation and cost-cutting agendas among Europe's largest companies drew attention.
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European stock markets rose in early deals, showing resilience in the face of record high oil prices.
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European stock markets moved higher ahead of today&#39;s eurozone interest decision.
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European equity markets made a positive start to trading on Monday and moved higher by mid-morning, helped by strength in the banking and carmakers sectors.
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European stocks were expected to open higher on Wednesday, mirroring gains on Wall Street and in Asia, with further takeover activity likely to enliven the session.
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European shares shrugged off a spike in the euro to a fresh all-time high Wednesday, with telecoms again leading the way higher after interim profits at Britain's mm02 beat expectations.
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THE main European stock markets have ended 2004 near the highest levels for two-and-a-half years, after gaining about seven per cent in value over the past 12 months.
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LONDON : The euro hit a new record high of 1.3336 dollars in European trading following publication of disappointing US consumer confidence data.
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European shares surged to new 5-1/2 year  highs early on Wednesday as an overnight surge in oil prices  lifted heavily-weighted energy shares, helping offset fears of  an earnings slowdown at Credit Agricole .
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Europe&#39;s main stock markets gained ground on Wednesday, supported partly by a strong mining sector, and following solid gains on Wall Street overnight and earlier in Asia.
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Europe&#39;s main stock markets rose strongly in early trading on Tuesday, with Frankfurt&#39;s DAX spiking back above 8,000 points after a rally by Wall Street overnight.