Thu, 07 Jun 2012 10:19:27 GMT
European shares end notably higher on Wednesday
European stocks rallied on Wednesday ahead of ECB interest rate decision. Gains were slightly limited after ECB President Draghi said no interest cut will be implemented. Nevertheless markets performed significantly better compared to last week. Stoxx Europe 600 jumped 2.3%, German DAX added 2.1% and French CAC gained 2.4%. British FTSE 100 also surged 2.4% after two holidays.