GLOBAL MARKET NEWS - EUROPEAN MARKET
European shares rose on Friday on hopes that the world's major central banks would provide further monetary stimulus measures to help markets deal with the risk of a Greek exit from the euro zone, although traders said gains could be short-lived.
The FTSEurofirst 300 index was up 0.4 percent at 987.46 points by 0705 GMT. Germany's DAX was up 0.7 percent, while France's CAC-40 index rose 0.8 percent.
Financial stocks were among the top performers, with Credit Suisse recovering slightly from a 10.5 percent drop on Thursday to rise by 3.6 percent, with the broader STOXX 600 European bank index advancing by 1.2 percent.
As per expectation European market open positively.
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