LONDON - Recovering oil prices fuelled a one percent rise in energy stocks and banks also gained to push Britain's top share index one percent higher by close, as buoyant US earnings brightened the economic outlook. The FTSE 100 closed at 5,783.69 points, up 55.78 or 0.97 percent.
@MARKET ROUNDUP:EUROFIRST
EUROPE - European shares rose, with automakers racing ahead after above-forecast results at Daimler, and with energy companies gaining from stronger crude prices.
The pan-European FTSEurofirst 300 index of top shares rose 1.4 percent to close at 1,103.46 points after two days of losses. The benchmark is up nearly 71 percent from its lifetime low of March 9, 2009.
@MARKET ROUNDUP:EUROmarkets
FRANKFURT - The DAX index ended at 6,264.23 points, up 101.79 or 1.65 percent.
PARIS - The CAC-40 index closed at 4,026.65 points, up 56.18 or 1.41 percent.
ZURICH - The Swiss market index closed at 6,841.91 points, up 38.23 or 0.56 percent.
MILAN - The FT IT All Share index closed at 23,754.21 points, up 436.19 or 1.87 percent.
@MARKET ROUNDUP:nikkei
TOKYO - The Nikkei average dipped 0.07 percent, a day after its biggest percentage loss in two months, with technical charts suggesting it may pull back further in the wake of its recent rally to an 18-month high. The Nikkei fell 8.09 points to 10,900.68.
@MARKET ROUNDUP:hang seng
HONG KONG - Stocks pulled back from a three-week low, with mainland plays such as China Mobile rising on expectations of growth in consumption and strong earnings. The benchmark Hang Seng Index closed up 1.02 percent or 218.21 points at 21,623.38.
@MARKET ROUNDUP:asx
SYDNEY - Shares gained 0.22 percent, recouping some of Monday's losses as investors focused on solid earnings on Wall Street and fears ebbed over the fallout from fraud charges against Goldman Sachs. The benchmark S&P/ASX 200 ended up 10.7 points at 4,925.8, after falling 69.5 points on Monday.
@MARKET ROUNDUP:south africa
JOHANNESBURG - South Africa's rand recovered from the previous day's 3-½ week lows against the dollar as global risk appetite returned and stocks rallied, boosted by firmer platinum and banking shares. The All-share index closed at 9,303.75 points, down 40.17 or 0.43 percent. The All Gold index closed at 3,093.29 points, up 137.63 or 4.66 percent, while the Industrial index closed at 5,944.28 points, down 42.9 or 0.72 percent.