http://www.reuters.com/article/2011/05/06/markets-europe-stocks-idUSLDE7451I120110506 LONDON, May 6 (Reuters) - European shares gained on Friday on global recovery hopes after U.S. nonfarm payroll data rose more than expected and commodity stocks featured among the top performers.
By 1311 GMT, the pan-European FTSEurofirst 300 .FTEU3 index of top shares was up 1 percent at 1,143.04 points after being as low as 1,125.21 and following sharp falls in the previous sessions on growth concerns.
Volume was 69.7 percent of its 90-day average.
Investor confidence improved after nonfarm payrolls rose 244,000, which was above economist expectations and supported the view economic recovery would regain momentum this quarter.
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore