European stocks rise | Bangkok Post: news

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European stocks rise

European stocks joined a rebound on Wall Street on Tuesday as the threat of an immediate Greek default receded, but the euro hit a two-month low point versus the dollar on falling German investor confidence.

Brokers at the Frankfurt stock exchange. European stocks closed mostly higher on Tuesday on better news for Greece, which managed to raise funds to avert a messy default this week, traders said.

London's FTSE 100 index of top companies rose 0.33 percent to 5,786.25 points, while in Paris the CAC 40 gained 0.56 percent to 3,430.60 points and in Frankfurt the DAX 30 ended flat at 7,169.12 points.

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