Wed, 29 Jan 2014 11:13:05 GMT
European stocks rise on Turkey rate rise
European shares increased on Wednesday rising for the second straight session after the Turkish national bank hiked its interest rates notably in order to stop a sell-off of the country's currency. The benchmark index Stoxx Europe 600 jumped 0.8% to 326.79 as of 8:09 a.m. London time and it has dropped 4.2% from January 22 through January 27.