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European stocks bounce back

Friday, 26 October 2007


LONDON, Oct 25 (AFP): European stocks rebounded strongly Thursday following a late rally by US equity prices overnight, while telecoms provided the main focus for investors.
Nearing the half-way stage, London's FTSE 100 index of leading shares was up 1.11 per cent at 6,553.90 points, Frankfurt's DAX 30 jumped 1.12 per cent to 7,916.45 points and in Paris the CAC 40 advanced 1.14 per cent to 5,739.27.
The DJ Euro Stoxx 50 index of top eurozone shares added 0.91 per cent to 4,396.78 points.