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Stock indices closed higher on the European Central Bank corporate bonds buying report. Reuters reported today that the ECB considering to start buying corporate bonds. The central bank could discuss the possibility of corporate bond buying program at its December meeting.
The ECB purchased Italian covered bonds today. The central bank bought short-dated French notes and Spanish securities yesterday.
The better-than-estimated corporate earnings also supported the European stock markets.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,372.33 +105.26 +1.68%
DAX 8,886.96 +169.20 +1.94%
CAC 40 4,081.24 +90.00 +2.25%
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