Bookies see gains for European shares

LONDON, April 1 (Reuters) – European shares were set to rise
on Friday, rebounding from falls in the previous session, with
investors expecting an upbeat reading of a key U.S. jobs report
to confirm the positive outlook for economic recovery.

Some caution, however, was expected to prevail on the first
day of trading for the second quarter, on worries over the
finances of Ireland’s banks and on renewed bailout fears for
highly indebted Portugal.

Britain’s FTSE 100 (.FTSE: Quote, Profile, Research) was seen gaining as much as 20
points, or 0.3 percent; Germany’s DAX (.GDAXI: Quote, Profile, Research) was seen up 36 to
44 points, as much as 0.6 percent and France’s CAC 40 (.FCHI: Quote, Profile, Research)
was seen up 17 to 22 points, also as much as 0.6 percent,
according to financial spreadbetters.
(Reporting by Harpreet Bhal)

Bookies see gains for European shares