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Stock markets in Europe to rise to the highest levels in several years
2/21/15
European stock indexes rose to their highest levels in several years and approached the German market index from record levels ahead of a meeting of finance ministers of the euro zone on the financial bailout program for Greece.
The market sentiment improved after data the French private sector growth unexpectedly appear at its fastest pace in three years and a half in the current month.
And closed the German stock index DAX rose 0.4 percent to 11050.64 points, the highest level ever and close to its peak during trading 11081.81 points recorded earlier in the trading session.
Shares of Danish pharmaceutical company Novo Nordisk 4.4 percent and mining company shares rose Aaramat 11.8 percent after the announcement of better than expected results.
Shares of Novo Nordisk, the best performer on the list of the FTSEurofirst 300 index of top European shares closed up 0.3 per cent to 1525.51 points, its highest level in seven years.
The Greek stock index closed Aah.ta.ja down 0.3 percent, but is up about 20 percent from the lows in late January, when the leftist Syriza party rule won the general election and Japanese banks index fell 0.8 per cent.
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