Europe: Stocks jump on Greek bailout news

European shares were steady in early trading on Thursday, taking a breather from their sharp two-month rally, with Allianz falling after its dividend rise disappointed. 

PHOTO: REUTERS

JUL 13, 20153:26 PM

[LONDON] European stock markets rallied at the start of trading on Monday after news that eurozone leaders had reached a unanimous deal to offer Greece a third bailout.

Frankfurt's benchmark DAX 30 index of top companies advanced 1.53 per cent to 11,489.17 and the CAC 40 in Paris rose 1.67 per cent to 4,985.14.

Outside the eurozone, London's FTSE 100 added 0.94 per cent to 6,736.22 points, compared with Friday's closing level.

AFP