Stock Exchanges Across The World Enjoy Stable Trading

Stock exchanges across the world have enjoyed a day of successful trading in what has been a good week overall for investor confidence.

Whilst there is still some fragility in investment and trade, investors are gradually beginning to return to stock markets with sufficient confidence to impact on overall trading.

Once again, trading on the US exchanges led the way for other world markets to trade positively.

On the announcement that the US manufacturing sector had continued to grow in line with expectation, despite the sub-prime crisis and the ongoing certainty surrounding the extent of lender exposure, the Dow Jones and the NASDAQ traded strongly on the day.

The main Dow Jones exchange saw strong growth of 91.12 points over the day, coming to a close at 13448.9, whilst the smaller NASDAQ exchange was up by 33.88 points to 2630.2 at the close.

Strong trade in the US had a positive impact on trading throughout Europe over the course of the day. Despite the news that growth across the Eurozone had fallen to half the rate of last quarter, investors found solace in positive American trade to drive trading on the major European exchanges.

In Paris, the French CAC 40 exchange experienced growth of 21.45 points overall, settling at 5672.7.

In Frankfurt, the DAX exchange also enjoyed some level of growth on the day, up by 73.19 points by the bell to rest at 7721.8.

London also experienced some strong growth on the day. With news that acquisitions and mergers had reached an all time record value over the last quarter, and positive trading from the US markets, investors were filled with confidence to invest on the day.

The FTSE 100 traded up by 61.60 points, closing at 6376.8 at the end of the day.

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