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Stock indices traded higher on speculation the European Central Bank (ECB) will add further stimulus measures. Analysts expect that the ECB President Mario Draghi will announce on Thursday a 550 billion-euro bond-buying programme.
European stocks also benefited from the better-than-expected ZEW economic sentiment index from the Eurozone. Germany's ZEW economic sentiment index increased to 48.4 in January from 34.9 in December, exceeding expectations for a rise to 40.1.
Eurozone's ZEW economic sentiment index rose to 45.2 in January from 31.8 in December, beating expectations for a gain to 37.6.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,620.1 +34.57 +0.52%
DAX 10,257.13 +14.78 +0.14%
CAC 40 4,446.02 +51.09 +1.16%
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