Stock markets across the European continent maintained their strong growth of recent days through trading today.

Throughout Europe, trading was consistently up today as the stock markets maintain their recovery of recent days since last week’s fall.

Despite heavy losses in world securities, fuelled largely by US economic problems, stock markets across the world have performed well over the last few days.

Many had been suffering from a widespread downturn in trade which now appears to be long forgotten, as green sweeps the board at the closing bell through Europe and further afield.

However, today’s trading appears to have continued the recovering trend of this week, which has seen particularly strong growth in markets throughout Europe and the rest of the world.

The DAX, Germany’s exchange of securities on the leading 30 companies, had grown by over half a percent by the half way stage today, whilst in London the FTSE had continued its growth of recent days by over 0.6%.

In Paris, the CAC grew by almost one percent, whilst the Euro-wide DJ Stoxx 50 grew by roughly the same margin, after positive trading throughout the course of this week.

The growth today is thought to have been sparked by news from the Federal Reserve in the US that interest rates will remain at 5.25% for the next month.

On top of that, the Governor of the Bank of England has played down the crisis in US housing, which has been well received by stock markets in the US and across Europe today.

Insurance companies maintained the strong performance shown early this week, as financial institutions across Europe have been propped by decreasing bad debts.

In Germany, pharmaceutical company Bayer grew by an astonishing 3.84% over the course of trade today after announcing very good results for the last quarter.

Tags: European Stocks & Shares News //