Europe Stocks Mixed As Swiss Stocks Rally

European stock markets traded mixed at the open on Thursday, following the prior day’s strong rally on the back of a critical budget deal in the U.S. averting the fiscal cliff.

The Stoxx Europe 600 index rose 0.3% to 286.26. Swiss stocks, which were closed for trading on Wednesday, caught up with other markets’ gains and posted some of the biggest advances. Shares of UBS AG jumped 4.6%, as drug maker Roche Holding AG climbed 2.6%.

Elsewhere, the FTSE 100 index rose 0.1% to 6,030.04, while Germany’s DAX 30 index slipped 0.1% to 7,769.00. France’s CAC 40 index lost 0.4% to 3,720.68.

Marketwatch