European Stocks Rise Most Since May 2010 After Short-Selling Ban
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European stocks climbed the most since May 2010, extending the Stoxx Europe 600 Index’s rally from a two-year low, as France, Spain, Italy and Belgium imposed short-selling bans.
A gauge of European banks increased 4.3 percent, for its second day of gains, as Dexia SA surged 17 percent and Barclays Plc soared 5.3 percent. Aker Solutions ASA, Norway’s biggest maker of oil rigs, declined 5.3 percent after reporting quarterly earnings that missed the average analyst projection.