Ashtead was the best-performing stock on the European STOXX 600
index, climbing 8.
They are included in the following indices: STOXX 600
, SBF 120, Next 150, CAC Mid 60 and CAC Support Services.
Listening to most of the post-election financial market commentary, one might have thought that UK equities and gilts had been enjoying their own private party on Friday, but in fact the FTSE 100 index rose less than the Euro Stoxx 600
, and gilt yields fell by fewer basis points than many other countries' bonds, including most of Europe and the US.
Miners and retailers in the Stoxx 600
climbed the most among 19 industry groups.
Greek lenders Bank of Piraeus and Eurobank will drop out of the pan-European STOXX 600
benchmark, index compiler STOXX said, potentially depriving them of investment flows at a rocky time for Greek's economic future.
All 19 industry groups in the Stoxx 600
rose, with carmakers gaining the most as the European Automobile Manufacturers' Association reported growth in car sales last month.
Wouter Sturkenboom, strategist at Russel Investments, said the STOXX 600
could rise 10% to 15% to trade at 14 times its expected earnings in the following 12 months, compared to 12.
They are included in the following indices: SBF 120, STOXX 600
and France CAC Mid & Small.
The positive development of the European equity market with an increase of almost nine percent, measured against the DJ Stoxx 600
as at November 2012, points towards a recovery phase.
Still, the Stoxx 600
continues to trade around February 2011 highs and the FTSE 100 is at levels not seen since May 2008.
Its shares are also included in the Dow Jones STOXX 600
The Stoxx 600
, as with other European indices, managed to break the preceding three-day fall, to close at 269.