LONDON, Oct 14: European stock exchanges bolted ahead on Friday, spurred on by a tame report on US core inflation and in spite of a decline in US industrial production. The London FTSE 100 index rose 0.19 per cent to close at 5,275 while in Paris the CAC 40 added 0.27 per cent to end the week at 4,482.13. In Frankfurt the DAX took on 0.51 per cent to finish at 4,975.56.
The Euro Stoxx 50 index of leading eurozone shares gained 0.55 per cent to reach 3,349.58.
In London gambling and leisure operator Hilton Group surged 13.37 per cent to 345.50 pence after announcing that it had received an offer for its hotels arm from Hilton Hotels Corporation, the US group from which it split back in 1964.
Broadcaster BSkyB added 2.19 per cent to reach 535.50 pence as investors welcomed its possible entry into the high-speed Internet market through the acquisition of OneTel, which has been put up for sale.
Oil giant BG Group fell 2.52 per cent to 484 pence as crude prices declined.—Reuters
