Europe: Stocks close sharply higher on Greek deal hopes

JUL 11, 201512:17 AM

[PARIS] The eurozone's main markets closed sharply higher Friday, with Frankfurt, Paris, Milan, Madrid and Lisbon up by around 3 per cent, on hopes Greece will reach a make-or-break bailout deal to keep it in the eurozone.

In Paris the CAC 40 index surged 3.07 per cent to close the day at 4,907.07 points, while Madrid gained 3.08 per cent, Lisbon 3.04 per cent and Milan 3.0 per cent.

Frankfurt's DAX 30 climbed 2.90 per cent to close at 11,315.63 points, having also briefly risen 3.0 per cent earlier. Outside the eurozone, London gained 1.39 per cent to 6,673.38 points.

AFP