• European stocks

Market news

13 January 2012

European stocks

European (SXXP) stocks climbed, with the benchmark Stoxx Europe 600 Index headed for its fourth weekly advance, as Italy prepares to sell more debt. U.S. index futures were little changed, while Asian shares rose.

FTSE 100 5,693 +30.19 +0.53%

CAC 40 3,240 +40.01 +1.25%

Xetra DAX 6,233 +54.11 +0.88%

Commerzbank jumped 6.1 percent after German newspaper Handelsblatt reported that the lender will raise its capital levels without seeking government aid. GN Store Nord A/S (GN), a Danish maker of hearing aids and headsets, rallied 13 percent after one of its units won a settlement from Telekomunikacja Polska SA (TPS) over a dispute in Poland. Invensys Plc (ISYS) slumped the most in almost nine years after revealing 60 million pounds ($92 million) in additional costs.

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