Stocks see-saw after G20 pledge | Bangkok Post: breakingnews

Global stocks see-sawed in volatile trading on Friday, after a G20 pledge to tackle eurozone debt and fight threats of new global recession and rumours that the ECB would provide troubled banks even stronger support.

A man rests at the Palais Brongniart, the historic stock market in Paris. Stocks rallied in Paris, with the CAC 40 up 1.02 percent to 2,8010.11 points with beleaguered banks Societe Generale and BNP Paribas up more than seven percent.

After morning gains and steep afternoon losses, London's FTSE-100 index closed up 0.50 at 5,066.81 points, while in Frankfurt the DAX, which dropped below the key psychological level of 5,000 points during the trading session, posted a gain of 0.63 percent to 5,196.56 points.