European stocks display biggest weekly increase in five months

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Source: Bloomberg
European stocks depicted the biggest weekly gain that has not been seen in five months after investors considered the ECB would cut its interest rates and as various companies showed better-than-projected results. The benchmark Stoxx Europe 600 Index climbed 3.7% to 295.89, the biggest weekly gain since November, while the U.K.'s FTSE 100 advanced 2.2%, France's CAC 40 added  4.3% and Germany's DAX Index (DAX) increased 4.8%.

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Mon, 29 Apr 2013 08:09:29 GMT

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