6.15 Markets Update

Updated: Friday 09 October 2015 18.14

European shares rose to a one-month high today after making their biggest weekly gain since January as mining stocks gained and hopes grew that interest rates would stay low for longer.

London’s FTSE ended the day up 0.65% on 6,416, while most major eurozone markets also gained.

In Paris the CAC rose 0.54% to 4,701, and in Frankfurt the DAX gained 0.67% to stand at 10,068.

However, in Dublin the ISEQ fell 0.62% to 6,136. First Derivative and Aryzta were among the biggest gainers, while Kingspan and Paddy Power both lost value.

US stocks have eked out small gains so far in trading today, as investors bet the Federal Reserve will keep interest rates at near-zero levels this year.

Shortly after 6pm the Dow Jones had gained 0.08% to 17,064, while the Nasdaq was 0.27% ahead on 4,823.

Earlier in Asian trade, Tokyo's Nikkei index closed 298 points (1.6%) higher at 18,439, picking up a strong lead from Wall Street after minutes from the Federal Reserve's latest policy meeting suggested it could keep interest rates at record lows into 2016. The Hang Seng index in Hong Kong gained 104 points (0.5%) to end at 22,459.