Europe Factors-Shares seen rallying on Greek aid hopes

artikuj

PARIS, April 26 (Reuters) - European equities were seen rising on Monday, adding to the previous session's rally after Greek finance minister said aid will arrive in time to avert Greece's sovereign debt default.


Greece's debt woes dominated weekend talks among world financial leaders in Washington after Athens bowed to pressure from markets and requested rescue funds from the European Union and the IMF in what would be the first bailout of a euro-zone member.


Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 34 to 35 points higher, or as much as 0.6 percent, Germany's DAX .GDAXI to open 27 to 31 points higher, or as much as 0.5 percent, and France's CAC-40 .FCHI to open
20 to 22 points higher, or as much as 0.6 percent.


European shares rose 0.8 percent on Friday, led by banks, as Greece's request for emergency loans and upbeat U.S. home sales lifted investors' mood.

 

Source: in.reuters.com/April 26, 2010

 

 


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