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Nomura Sees 22% Rally in Euro Stoxx 50 Index by End of 2012

Dec. 5 (Bloomberg) -- The Euro Stoxx 50 Index will rally 22 percent to 2,850 by the end of next year, Nomura Holdings Inc. strategist Ian Scott said in a report.

“We expect substantial upside for stocks in 2012, as long as the sovereign debt crisis does not turn into a series of messy defaults,” Scott said.

The Euro Stoxx 50 rose 1.2 percent to 2,342.5 on Dec. 2.

To contact the editor responsible for this story: Adam Haigh at ahaigh1@bloomberg.net

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