Market Report - Europe

Frankfurt DAX: 4715.95 (+92.55)

Frankfurt DAX: 4715.95 (+92.55)

Germany's DAX index ended firmer but below the day's best levels with the index trading shy of the 4,800-point level. Gains, inspired by the firmer start to Wall Street and overall bullish sentiment, were seen continuing next week, dealers said.

Paris CAC-40: 3483.22 (+87.42)

Shares soared to a new record in a rally boosted by hefty volume and supported by dollar strength. BNP extended Thursday's 9.9 per cent gain while Societe Generale and Paribas were also up.

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Milan Mibtel: 20935 (+364)

Italian shares rose to new highs after the open, spurred by heavy buying following comments by a Bundesbank member that interest rates could converge toward German levels.