
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%).