Leading European stock indexes continued to go up at the end of
trading on Monday against the backdrop of investor optimism after
the EU summit on June 28-29, which was aimed at curbing the debt crisis
in the eurozone, RIA Novosti reports. By the end of trading the German
DAX 30 increased by 1.24% up to 6496.08 points. The French CAC 40
increased by 1.36% up to 3240.20 points. The British FTSE 100
increased by 1.2% up to 5640.64 points.
The EU heads of state cheered the markets with their decisions
on the establishment of unified supervision over banks in the region
and the resolution to buy bonds on the primary market not only in
crisis countries, as well as preferential conditions for loans for
Spanish banks.
However, analysts remain only cautiously optimistic and believe that the
pressure on politicians will only increase.
As for the Russian currency, the ruble is demonstrating mixed trends
against the dollar and the euro, according to the MICEX-RTS. The
dollar increased by 17 cents up to 32.60 rubles, while the euro fell
by 14 cents - down to 40.98 rubles.
Stock indexes go up
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