Markets & Finance

Europe Stocks End Higher


In Europe, stocks rebounded to finish higher, despite ongoing nervousness about oil prices. Shares in brewing stocks helped lead the charge.

London's Financial Times Stock Exchange 100 index gained 12.60 point, to 4,421.80. Retailer Marks & Spencer led the loss column after bid terms by a prospective buyer disappointed.

Germany's Xetra DAX index gained 14.56 points, or 0.37%, to 3,902.87. In France, the CAC 40 index added 0.58 point, or 0.02%, to 3,646.81.

Asian markets finished with sharp losses. The Nikkei 225 index lost 215.29 points, or 1.91%, to 11,027.05 on renewed worries over the consequences of higher fuel prices. Hong Kong's Hang Seng index shed 271.82 points, or 2.23%, to 11,929.93, amid worries over interest rate increases.

Canada's benchmark S&P/TSX fell 45.71 points, or 0.55%, to 8,329.12.


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