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22.12.2014 09:00

European Stocks. First hour: Indices continue climb for a fifth day

European indices continued to rise for a fifth day amid a global end-of-year rally tracking gains in Asian and U.S. markets as volumes thin out near the end of the year. Markets are supported by gains in the energy sector as oil prices recover. Markets await data on Eurozone's Consumer Confidence and U.S. Existing Home Sales.

The FTSE 100 index is currently trading +0.92% quoted at 6,605.27 points, Germany's DAX 30 added +0.64% trading at 9,849.34. France's CAC 40 rose by +1.14%, currently trading at 4,289.91 points.

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