European
stocks rose the most in three weeks as better-than-forecast U.S.
consumer-confidence and housing data signaled the world™s largest
economy has rebounded from the harsh winter.EasyJet Plc gained 3.7 percent after forecasting that its loss may narrow in the six months through March. Luxottica Group SpA advanced 4 percent after saying it will design spectacles that use Google Inc.™s Glass technology. Baloise Holding AG climbed 2.9 percent after the Swiss insurer unexpectedly increased its dividend.
The Stoxx Europe 600 Index added 1.3 percent to 328.57 at the close in London after yesterday falling the most in two weeks. World equities have regained $2.7 trillion since a low on Feb. 4 as economic data improved and concern dissipated that Russian President Vladimir Putin will seek territory beyond Crimea. Stocks have still lost $270 billion globally this year.
Copy Source : Bloomberg
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