The Business Times

Europe: Stocks close higher after ECB move

Published Thu, Jan 22, 2015 · 10:21 PM

[PARIS] Europe's main stock markets closed higher on Friday after the European Central Bank announced a massive trillion-euro bond-buying programme to ward off deflation and stimulate growth in the eurozone.

Frankfurt's DAX 30 rose 1.32 per cent to close at 10,453.62 points, while the CAC 40 in Paris shot up 1.52 per cent to 4,552.80 points.

London's benchmark FTSE 100 index rose 1.02 per cent to end the day at 6,796.63 points.

AFP

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