European markets rose Friday amid expectation that central banks around the world would coordinate to announce stimulus measures to rejuvenate the global economic growth.
The German DAX 30 index rose 0.84 percent or 51.37 points to 6189.98. Shares of Daimler AG climbed 1.34 percent and shares of Volkswagen AG rose 1.18 percent.
The French CAC 40 index climbed 0.71 percent or 21.51 points to 3053.96. Shares of Total SA rose 1.19 percent and shares of Société Générale SA advanced 2.36 percent.
London's FTSE 100 index rose 0.54 percent or 29.71 points to 5496.76. Shares of Royal Bank of Scotland Group PLC advanced 6.19 percent and shares of Barclays PLC climbed 3.61 percent.
Investors are hoping that the central banks will make sure that monetary easing measures are put in place to boost liquidity. This is highly required especially if the financial stability of the euro zone becomes further disturbed after the Greek election Sunday.
Market players are confident that the U.S. Fed will soon announce monetary stimulus policy with the intensifying debt crisis in the euro zone. Fed Chairman Ben Bernanke underlined last week that the Fed remained prepared to take action as needed to protect the U.S. financial system in the event the financial stresses escalated.