Markets & Finance

Europe Stocks End Higher


European stock markets finished higher. London's Financial Times-Stock Exchange 100 index gained 63.4 points, or 1.47%, to 4,382.4 as Congress for British Industry raises its 2004 GDP growth rate to 2.8% from 2.4%, and sees a slight interest rate hike as the economy grows.

In Paris, the CAC 40 was up 45.93 points, or 1.36%, to 3,412.05. Germany's DAX index rose 95 points, or 2.6%, to 3,737 amid reports European business confidence is seen rising as economies improve.

In Japan, the stock market was closed for a holiday. In Hong Kong, the Hang Seng index rose 8.76 points, or 0.07%, to 11,848.56.

Canada's benchmark S&P/TSX jumped 66.56 points, or 0.86%, to 7,850.15.


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