Markets News Friday: European shares rise to year high; Regional Stoxx 600 index’s valuation at 49.5 times earnings
Oct 16th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities; A seven-month, 58% rally has raised Europe's regional Stoxx 600 index’s valuation to 49.5 times earnings, near the most expensive level since 2003, weekly data compiled by Bloomberg show.