European stocks rebounded Friday on higher oil prices, solid German economic growth and rising US retail sales, regaining some ground lost this week on fears of a global recession.
London jumped 3 per cent higher and Frankfurt and Paris gained 2 per cent, brushing off another slump in Asia, as investors welcomed news that the German economy grew by a solid 0.3 per cent in the fourth quarter.
World oil prices meanwhile climbed on fresh hopes of an OPEC output cut, one day after tanking towards 13-year lows on the stubborn crude supply glut.
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London jumped 3 per cent higher and Frankfurt and Paris gained 2 per cent, brushing off another slump in Asia, as investors welcomed news that the German economy grew by a solid 0.3 per cent in the fourth quarter.
World oil prices meanwhile climbed on fresh hopes of an OPEC output cut, one day after tanking towards 13-year lows on the stubborn crude supply glut.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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