European Stocks Rise, Central Bank Focus
This is a Bloomberg news story, published by CNBC, that relates primarily to Commerzbank news.
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European stocksCNBC
•European stocks higher with central bank decisions in focus; Commerzbank shares hit 12-year high
85% Informative
The pan-European Stoxx 600 index was 0.75% by 11:10 a.m. , with all major bourses and virtually all sectors in the green.
Banks were up 1.33% while tech stocks were 1.23% higher.
Commerzbank hit a 12-year high on reports from Bloomberg that UniCredit is seeking approval from the European Central Bank to build up a 30% stake in the company.
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