Global stocks rose world's economic growth to increase in second quarter

June 28, 2011 - PRLog -- Global stocks rose world's economic growth to increase in second quarter

According  to Albanian Minerals President Sahit Muja Global economy will have better than expected economic growth in the second quarter

US stocks closed higher Tuesday as the Dow Jones Industrial Average gained 1.2% to 12189, the Standard & Poor's 500 added 1.3% to 1297 and the Nasdaq Composite climbed 1.5% to 2729

Optimism that Greece would approve austerity measures needed to unlock bailout aid fuelled a rebound in banking shares and European stock markets .

London's benchmark FTSE 100 index of top shares rose 0.78 per cent to 5,766.88 points, while in Frankfurt the DAX gained 0.88 per cent to 7,170.43, and in Paris the CAC 40 climbed 1.46 per cent to 3,851.89.

The Athens stock market shared in the optimism, jumping 2.66 per cent.

Elsewhere in Europe, Lisbon drifted up 0.02 per cent, Swiss stocks added 0.19 per cent, Amsterdam rose 0.42 and Madrid gained 0.65 per cent.

Brussels bucked the trend to lose 0.48 per cent. Asian stocks rose

Nikkei 9,648.98 +70.67 0.74%
TOPIX 830.34 +4.70 0.57%
Hang Sengg 22,061.80 +20.01 0.09%

Albanian Minerals President Sahit Muja said "Demand and prices for crude oil, natural gas , gold, copper,  nickel, steel, lead, ferrochrome, steel, iron ore, chrome ore, aluminum and other metal and natural resources is likely to go up in second quarter".

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Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe