European stocks rose as Federal Reserve Chairman Ben S. Bernanke said he would not rule out further bond purchases to boost growth and reduce unemployment, which he called a “grave concern.”
Hermes International SCA gained 2.3 percent after the maker of Birkin and Kelly bags raised this year’s sales-growth target as first-half earnings beat estimates. Bankia SA climbed 6.3 percent as Spain was said to be considering recapitalizing the country’s largest nationalized lender with its own money.
