The biggest three-day jump since January sent European stocks to an all-time high.
The
Stoxx Europe 600 Index advanced 1.1 percent to 409.15 at the close of
trading in London. German industrial production rose in February, the
latest of economic data in the euro area beating forecasts.
The
Stoxx 600 has rallied 19 percent this year as the European Central Bank
started a quantitative-easing program. The one from the Federal Reserve
helped U.S. shares more than triple from a 12-year low in March 2009.
Minutes from the Fed™s last meeting showed officials were split on the
timing for a first interest-rate increase.
All
industry groups climbed on Thursday, with carmakers and construction
companies leading the advance. Lafarge SA added 5.7 percent and Holcim
Ltd. rose 3.6 percent after the cement makers agreed to appoint Eric
Olsen to lead their combined operation as they seek to overcome
lingering opposition from some shareholders to their planned merger.
Source: Bloomberg
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