Europe Stocks advance at open

Posted by Trading Advisor on 2:06 PM with No comments
Europe's main stock markets opened higher on Wednesday on hopes of an end to Greece's debt stand-off, dealers said.
London's benchmark FTSE 100 index rose 0.23 per cent to 6,914.31 points, Frankfurt's DAX 30 gained 0.33 per cent to 10,931.72 points and the CAC 40 index in Paris was up 0.60 per cent to 4,782.59 compared with Tuesday's close.
"European equities are trading higher this morning as renewed optimism is making the rounds that Greece and the EU will agree to a compromise after all," said ETX Capital analyst Markus Huber.
Greece will ask to extend its European loan agreement without signing up to the loathed duties of a full-blown bailout, its finance minister said, as Brussels pressures Athens for a deal