Europe Stocks Rise For Fourth Straight Day

By Amwal Al Ghad English On Apr 11, 2013

European stock markets moved cautiously higher at the open on Thursday, extending gains into a fourth session after posting the best daily performance in a month the prior day.

Later in the day, investors will train their attention on debt sales in Italy and U.S. initial-claims data. The Stoxx Europe 600 index gained 0.1% to 293.55, after rallying 1.8% on Wednesday. Shares of Ashmore Group PLC jumped 11% after a trading update, while miner Evraz PLC sank 10% after warning of strong downside risks in global steel markets.

The U.K.’s FTSE 100 index traded marginally higher at 6,389.10, while France’s CAC 40 index gained 0.2% to 3,749.88. Germany’s DAX 30 index was slightly higher at 7,813.05.

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