Oil and Commodities European Shares Rise cock
Markets in the main European shares rose on Wednesday local time, with energy companies and mining menguatnya triggered by oil and commodity prices on the highest position of eight months, said the dealer.
"Markets rise today, not due to a dramatic change of sentiment, but because the rise in oil prices and metal prices menguatnya," said analyst Nick Serff the company's financial City Index in London.
"This brings into question whether the market will follow the trend of increase recently - and the action taken may speculate akan take place next," dragging down stock-shares, he added.
"Crude oil price has reached the highest position of seven months and this provides further support to the stock-stock oil."
Oil prices reach 71 U.S. dollars on Wednesday. highest level for eight months the traders follow the crude oil reserves decline in United States, weakening U.S. dollar and expectations of recovery of global energy demand.
FTSE 100 index in London closed rose 0.73 percent to 4436.75 points on Wednesday. Dax index in Frankfurt stock exchange jumped 1.07 percent to 5,051.18 points and the CAC 40 index in Paris rose 0.56 percent to 3315.27. Composite Eurostoxx 50 index rose 0.81 percent.
"A drop in crude oil stocks have been weighing in all sectors," said Bertrand Lamielle, seoarang manager BNP Paribas Bank, division B * Capital in Paris, where the oil group Total shares rose 0.75 percent to 41.61 euros.
The world's largest steel company ArcelorMittal rose 3.43 percent to 24.86 euros in trading in Paris.
Among the mining shares in London, Vedanta rose 8.52 percent to 1770 pence, Xstrata 6.93 perden be 771.50 pence and Rio Tinto 6.64 percent to 3148 pence.
In Frankfurt, konglomerasi industry ThyssenKrupp rose 3.68 percent to 20.30 euros, and steel giant Salzgitter nai 3.47 percent to 67.00 euros.
At the Milan stock car giant Fiat rose 4.85 percent to 7.79 euros after completing the agreement with the partner Chrysler.
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