European stocks increased for the second consecutive bid, a favorable effect on the market have, in particular, good statistical data from the U.S., reported Bloomberg.

composite index of the region Dow Jones Stoxx 600 rose from the market opening on 0,6%, although earlier in the bidding reached a reduction of 0.8%. With the maximum recorded on January 19, the indicator fell 4.6%.

"The recent rollback was welcome and brought action from overbought levels, as compared with bonds to almost neutral", - analyst JPMorgan Asset Management.

costs of the U.S. population in December increased by 0.2%, revenue - by 0,4%, according to the Ministry of Commerce. Thus, consumer spending rose a third consecutive month, pointing to the fact that they can make a significant contribution to economic recovery in the coming months, experts say.

In addition, the index of industrial activity in the U.S. (ISM Manufacturing) in January rose to a peak in August 2004 - 58.4 points, at the same time, experts had expected a decline to 55.5 points. Excess index mark of 50 points means increased business activity in the industrial sphere.

Stock quotes

Ryanair Holding Plc jumped 6.9%. Europe"s largest low-budget airline recorded a net loss for its third fiscal quarter ended December 31, 2009, but improved the outlook for the current financial year as tariff reduction was less significant than expected.

shares rise in price of British construction companies, after analysts Deutsche Bank have stated that they can rise in price this year by 35%. In particular, the value of securities Barratt Developments rose by 3,3% and Persimmon - on 2,2%.

soared by 12% the price of securities Northumbrian Water Group to British media reports that the Ontario Teachers &af92mp;quot;Pension Plan, one of Canada"s largest pension funds, could put an offer to buy vodosnabzhayuschey company for 1.7 billion pounds ($ 2.7 billion). The pension fund already owns 27% shares of Northumbrian Water and wants to buy the remaining interest.

At the same time, Vivendi shares dropped in price by 2.5% after a federal court in Manhattan ruled that the company from 2000 to 2002, 57 times has provided investors with misleading information.

index of the largest enterprises in Europe Dow Jones Euro Stoxx 50 rose 16.92 points (0.61%) - up to 2,793.75 points.

British FTSE 100 by this time climbed to 53.68 points (1.03%), amounting to 5,242.2 points.

French CAC 40 index added 22.41 points (0.6%) - up to 3,761.87 points.

Deutsch DAX with the opening of the market rose by 46.47 points (0.83%) and amounted to 5,655.26 points.

Seventeen of the eighteen major stock indexes in Western Europe increased in the course of trading on the first day of February. The only exception is the Greek market.

Forex - results of the day
Analyst forecasts: The positive dynamics of American sites and the growing oil quotations push Russia indexes up at the opening