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European markets rise

21 February 2012 07:33 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-ECONOMICS. European stock markets rose Monday on confidence that a new bailout for Greece will finally be approved while sentiment got a boost from the latest Chinese move to ease credit.

Trading was quiet in anticipation that the eurozone finance ministers talks could go on late and with US markets closed for the President’s Day holiday.

At close, London’s benchmark FTSE 100 index gained 0.68 percent to 5,945.25 points, Frankfurt’s DAX 30 rose 1.46 percent to 6,948.25 points and in Paris the CAC 40 added 0.96 percent at 3,472.54 points.

In NYMEX, an ounce of gold increased by 0.01% to $1,737.5.

In world market, euro exchange rate against the dollar makes $1.3266 (+0.4%).