European markets close on positive note

(AGI) - Rome, July 16 - European indexes ended the trading dayposting significant gains, led by Milan up 3.17 percent. InFrankfurt the Dax was up 1.44 percent at 9,859.27 points, whilein London the Ftse 100 gained 1.11 percent at 6,784.67 pointsand in Paris the Cac 40 rose 1.48 percent to 4,369.06 points.In Madrid the Ibex was up 1.84 percent, closing at 10,668.4points. Investors were encouraged by positive data on Chinesegrowth and signs that the Banco Espirito Santo will notdefault. (AGI) . .

(AGI) - Rome, July 16 - European indexes ended the trading dayposting significant gains, led by Milan up 3.17 percent. InFrankfurt the Dax was up 1.44 percent at 9,859.27 points, whilein London the Ftse 100 gained 1.11 percent at 6,784.67 pointsand in Paris the Cac 40 rose 1.48 percent to 4,369.06 points.In Madrid the Ibex was up 1.84 percent, closing at 10,668.4points. Investors were encouraged by positive data on Chinesegrowth and signs that the Banco Espirito Santo will notdefault. (AGI) . .