European equities rise amid Chinese Manufacturing expansion

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Source: Bloomberg
European shares rose for the fourth consecutive day as recent report showed Chinese manufacturing expanded. The Stoxx Europe 600 Index gained 0.3% to 270.79. The reading has surged 16% from its lowest level in June 4 when the ECB and Federal Reserve launched their asset-purchasing programmes. SABMiller added 4.6% to 2,755, whereas EasyJet Plc advanced 0.7% to 686.5 pence, as Barclays Plc elevated one of the Europe's biggest discount airlines to equal weight, stating EasyJet has enhanced its fundamentals of revenue and non-fuel costs.
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Thu, 22 Nov 2012 12:09:03 GMT

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