Bloomberg News

European Stock Futures Rise; Euro Stoxx 50 Contract Gains 1%

October 10, 2011

Oct. 10 (Bloomberg) -- European stock futures advanced, indicating the Stoxx Europe 600 Index will extend a two-week gain, after the leaders of Germany and France gave themselves three weeks to create a plan to recapitalize banks. U.S. stock futures rose and Asian shares fluctuated.

Premier Oil Plc and Atos SA may climb as analysts increased their recommendations on the shares. Dexia SA may be active after the Belgian government agreed to buy the local consumer- lending unit of the bank.

Futures on the Euro Stoxx 50 Index, a benchmark for the euro region, advanced 1 percent to 2,281 at 7:02 a.m. in London. Futures on the U.K.’s FTSE 100 Index expiring in December gained 0.6 percent.

To contact the editor responsible for this story: Will Hadfield at whadfield@bloomberg.net


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