Financial Times FT.com

Traders remain wary despite strong rally

By Emmanuelle Smith

Published: April 30 2009 11:53 | Last updated: April 30 2009 23:54

Europe’s markets rose by a record 12.9 per cent in April with the monthly rise the highest since the FTSE Eurofirst 300 index opened in 1997.

Closing higher for a second consecutive session, the Eurofirst on Thursday climbed 1.5 per cent to 828.62 points, its highest level since February, before shutting down for Labour day.

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