PAN PYLAS
AP Business Writer
LONDON – European stock markets rose Friday after a strong set of industrial production figures for January stoked hopes that the recovery from recession in the 16 countries that use the euro may be stronger than previously thought.
The FTSE 100 index of leading British shares was up 18.60 points, or 0.3 percent, at 5,635.86 while Germany’s DAX rose by 35.62 points, or 0.6 percent, to 5,964.25. The CAC-40 in France was 23.81 points, or 0.6 percent, higher at 3,952.76.
The euro was equally buoyant, spiking to a one-month high against the dollar after official figures showed that industrial production in the eurozone soared by a record 1.7 percent in January from the previous month.