German export confidence boosts bourses

EUROPEAN equities closed higher yesterday, led by shares of German exporters. But a downgrade of Spain's credit rating weighed on Madrid-listed stocks.

By The Newsroom

Published 31st May 2010, 20:52 BST

Updated 31st May 2010, 20:57 BST

The FTSEurofirst 300 index closed the holiday-thin session up 0.3 per cent at 1,001.11 points, capping its worst month since February 2009.

Spain