Markets & Finance

Canada Shares Rise


Canada's benchmark S&P/TSX rose 35.55 points, or 0.56%, to 6,330.36.

European markets rose amid some favorable earnings news and outlooks from companies such as Unilever (UN ) and Alcatel (ALA ). In London, the Financial Times-Stock Exchange 100 index ended up 66.80 points, or 1.70%, to 4,002.70.

In France, the CAC 40 jumped 119.11 points, or 4%, to 3,084.22. And in Germany, the DAX Index rose 91.58 points, or 3.03%, to 3,113.59.

In Asia, the markets finished mixed. In Japan, the Nikkei gained 47.83 points, or 0.55%, to 8756.59. The gains were limited by jitters about the government's plans on non-performing loans cleanup and anti-deflation, due out later today. Market players said that buying by public pension funds offset poor sentiment stemming from bleak earnings outlook and weak U.S. consumer confidence, says S&P MarketScope.

In Hong Kong, the Hang Seng lost 74.21 points, or 0.77%, to 9,560.46.


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