• European stocks

Market news

8 March 2012

European stocks

 

European stocks rose for a second day as Japan’s economy shrank less than the government initially estimated and a deadline on Greece’s debt swap approached. Asian shares and U.S. index futures gained.

FTSE 100 5,848.64 +57.23 +0.99%

CAC 40 3,442.66 +50.33 +1.48%

Xetra DAX 6,776.92 +105.81 +1.59%

European Aeronautic, Defence & Space Co. rallied to a five- year high after doubling its dividend and predicting earnings will climb. Aviva Plc added 2.1 percent as the U.K.’s second- biggest insurer by market value reported operating profit that exceeded estimates. Enel SpA (ENEL),Italy’s biggest energy company, sank 8.2 percent after cutting its dividend.

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