Eurozone optimism lifts most markets

INTERNATIONAL stock markets enjoyed a rare consecutive day’s rise yesterday as optimism surrounding positive solutions to the eurozone debt crisis being found gathered momentum.

Eurozone optimism lifts most markets

With the exception of the Balkan states, all of Europe’s national bourses had healthy increases in yesterday’s trading session; the continent’s stocks — as a whole — rising the most in 16 months.

London’s FTSE-100 index was up by 4% — also its highest one-day gain for 16 months — while the French banks drove the CAC-40’s 5.74% rise. In Frankfurt, the other of the big three European exchanges; the DAX, gained 5.3%. Meanwhile, Spain’s IBEX and the Borsa Italiana were up by 4% and 4.9%, respectively.

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