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European share trading opened on volatile note

Business Materials 17 October 2008 13:25 (UTC +04:00)

European shares are ending a tumultuous trading week Friday on a volatile note after a late surge on Wall Street and mixed performance by stocks across Asia, reported dpa.

After closing down 5 per cent on Thursday, Europe's blue-chip Stoxx 50 edged up 1.3 per cent to 2,165 in early trading Friday amid rising banking stocks.

However, while Europe's leading stock market in London gained 1.47 per cent in early trading, other national bourses recorded bigger rises with Paris CAC 40 index jumping 4.37 per cent.

In the meantime, shares in Frankfurt also rose more than 4 per cent as Friday trading got under way. dpa amc wjh

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