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FTSE 100 hits highest level in 2016

Discussion in 'Market News' started by Lily, Apr 13, 2016.

  1. Lily

    Lily Forum Member

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    Rebound in Chinese exports eases fears over global economy and leads to rally in European markets

    European markets rallied and the FTSE 100 hit its highest level in 2016 after a sharp rebound in Chinese exports eased fears over the state of the global economy.

    The FTSE closed up 120.5 points or 1.9% at 6,362.89, the highest level since 2 December. Germany’s DAX rose 2.7% and the French CAC closed up 3.3%.

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