European
stocks advanced for a third day, extending their highest level since
2008, amid investor expectations the European Central Bank will announce
a plan for quantitative easing this week.
The
Stoxx Europe 600 Index added 0.2 percent to 353.18 at the close of
trading. The equity gauge pared gains in the final hour after earlier
increasing as much as 0.7 percent. Stocks climbed to a 7-year high on
Friday as rising oil producers outweighed a slump in Swiss shares.
Switzerland™s SMI Index rebounded 3.2 percent today after posting its
worst week since 2008 following the Swiss National Bank™s surprise move
to end a cap on the franc.
Source : Bloomberg
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