Shares boosted by Wall Street rally

A rally in stock trading on Wall Street yesterday (March 15th) helped European indexes to rise during trading this morning.

This is according to market analyst for City Index Nick Serff, who noted that investors in the US helped push markets higher ahead of the Federal Reserve’s interest rate announcement later today, in which the figure is expected to remain unchanged.

A strong annual report from Deutsche Bank also helped improve European stocks and, according to Reuters, the banking sector added the most points to the FTSEurofirst 300 this morning - something that may interest those looking at investing some of their personal wealth on the stock market.

By 11:26 GMT, it was up 0.7 per cent to 1,058.20 points, having dropped 0.7 per cent in the previous session.

Energy shares also performed strongly - aided by the price of oil climbing over $80 (£52.80) per barrel - with Royal Dutch Shell, BP and Total among the firms that gained.ADNFCR-2318-ID-19671332-ADNFCR