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Article: Investor risk appetite pushes markets toward highs
- Article from:
- AP Worldstream
- Article date:
- November 11, 2009
- Author:
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World stock markets rose Wednesday as investor appetite for riskier assets such as shares and oil remained strong, pushing many of world's major indexes towards 2009 highs.
Further solid earnings reports from companies including French bank Credit Agricole SA, encouraging economic data and dovish comments from central bank officials _ including Bank of England governor Mervyn King _ helped fuel another bout of buying of riskier assets, such as stocks.
In Europe, Germany's DAX was up 73.63 points, or 1.5 percent, 5,689.13 while France's CAC-40 was 46.31 points, or 1.2 percent, higher at 3,831.90. And Britain's FTSE 100 index of leading British shares rose 61.23 points, or ...