09.10.2008 18:57

European equity bourses are holding onto gains



Banking and mining stocks leading the charge higher after hitting 5-year lows the previous session. Dexia is a notable gainer after the governments of France, Belgium and Luxembourg agreed to provide a guaranteed loan, so it can continue to borrow. HBOS and RBS are higher after UK government bank rescue package announced Wednesday. CAC-40 is up 92pts (+2.62%), Xetra-DAX is up 74pts (+1.50%) and FTSE-100 is up 68pts (+1.57%).






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