5 April 2001, 11:00 European stocks strong rebound underpinned by telecoms
London, April 4 (BridgeNews) - European equity markets ended higher
after staging a strong turnaround during another volatile day, helped by
an impressive rebound by major telecommunication companies. There were
strong moves in Deutsche Telekom (DE;DTE), and U.K. insurer Prudential
(GB;PRU), as investors reacted positively to the prospect that both
companies will miss out on major U.S. deals which investors have not
liked. The FTSE Eurotop 100 Index was up 18 points, or 0.6%, at 3020.
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