European stock markets rise towards the 2nd session after concern monetary tightening in China eased and consumer confidence in Germany climbed higher.
Opening the session, Colruyt shares added 5.7% after reporting full-year profit beating expectations of experts. Shares of real estate company GSW Immobilien AG rallied 5.3% with both information directors and CEO will leave the current location.
As a result, as of 8:28 am London time, the Stoxx Europe 600 adding 0.5%, closing at 281.18 points. So, this index has fallen 9.5% since that time 22/5- Bernanke commented on the ability to narrow bond-buying program. Particularly in this quarter, Stoxx Europe 600 lost 4.3%.
"The economic slowdown in China are starting to take big risks in the market." - Jean-Paul Jeckelmann, director of corporate finance Bonhote & Cie Banque. In Neuchatel, Sweden share.
"Commitments to maintain the liquidity of the country's central bank eased market sentiment in the short term but in the medium-term picture is not really clear," - he added.
Accordingly, the Central Bank of China (PBOC) said it has pumped money and some banks more willing to act as a lender of last resort to resolve the problems of the banking system liquidity goods.
However, the PBOC may still maintains that tight market conditions to limit lending informal (underground lending system facilitates speculative stocks and real estate).
The transactions on the currency markets that froze the market situation has been overcome but still flows shows the cash crunch will continue until mid-July.
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