Markets & Finance

Canada Shares Inch Higher

Canada's benchmark TSE 300 rose 19.24 points to 7936.88.

European stock markets finished higher. In London, the Financial Times-Stock Exchange 100 index gained 16.20 points, or 0.31%, to 5,316.10, led by gains in BP-Amoco and GlaxoSmithKline. U.K. February consumer inflation rose 2.2%, down from 2.6% in January.

In France, the CAC 40 added 19.12 points, or 0.41%, to 4,644.93. In Germany, the DAX Index gained 24 points, or 0.4%, to 5,450 led by Deutsche Bank, DaimlerChrysler, SAP, Allianz and Infineon.

Asia markets ended mixed. In Japan, the Nikkei surged 294.44 points, or 2.56%, to close at 11,792.82, led by electronics shares such as Hitachi and Sony on hopes for an economic recovery in the U.S. and expectations for the sector reorganization to revive their competitiveness. In Hong Kong, the Hang Seng fell 7.81 points, or 0.07%, to end at 11,222.83.

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