Bookies see European stocks rising for 6th day

LONDON, March 30 (Reuters) – European shares are expected to
advance on Wednesday, mirroring gains in Asia and on Wall
Street, with investors seen looking beyond concerns related to
Japan and Libya and focusing on positive longer-term outlook.

Financial spreadbetters expected Britain’s FTSE 100 (.FTSE: Quote, Profile, Research)
to open 12-28 points higher, or as much as 0.5 percent,
Germany’s DAX (.GDAXI: Quote, Profile, Research) to open 45-56 points higher, or as much
as 0.8 percent, and France’s CAC-40 (.FCHI: Quote, Profile, Research) to open 20 points
higher, or up 0.5 percent.

“The two big geopolitical stories — the aftermath of the
earthquake in Japan and unrest in Libya — remain vary much in
play but with the backdrop not changing significantly on a
day-by-day basis, it does seem as if markets are now keen to try
and turn the page,” said Ben Potter, analyst at IG Markets.

“Clearly there is still scope for significant developments
here but there is little appetite around to speculate on these
outcomes for now.”

The FTSEurofirst 300 (.FTEU3: Quote, Profile, Research) index of top European shares
has gained in the previous five sessions.
(Reporting by Atul Prakash and Tricia Wright; Editing by Dan
Lalor)

Bookies see European stocks rising for 6th day