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European (SXXP) shares rose after falling to a minimum value for the most recent two months yesterday on speculation China, which may announce new stimulus measures to support economic growth and after the Spanish government presented its budget for 2013.
Shares of Credit Agricole SA (ACA) rose 3.9% after the bank said that he could quickly sell their Greek unit. Cost Opap SA (OPAP) jumped 3% after the Greek national fund of published calls for expressions of interest in the state share of the company. Shares of Hennes & Mauritz AB (HMB), which is the second-largest clothing retailer in Europe fell by 5.8%, after it became known that the profit in the third quarter was below analysts' forecasts.
Stoxx Europe 600 Index added 0.4% to 271.83. European stocks were up 8.2% so far this quarter, and sent to the largest quarterly increase since 2009. Index rose by 16% from the lowest level this year, which was recorded on June 4, after the European Central Bank has agreed to purchase an unlimited amount of assets, and the Federal Reserve announced a third round of quantitative easing.
FTSE 100 5,770.85 +2.76 +0.05% CAC 40 3,432.81 +17.97 +0.53% DAX 7,279.86 +3.35 +0.05%
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