There has been a marginal hike in share prices and they have risen early on today’s trading after a horrible last week. But doubts on the rate of international economy revival following current grim economic data are expected to hit this hike. According to market experts it may limit gains.

The FTS Eurofirst 300 index of top European shares was up by 0.5% at 974.44 points in their last trading. It was 0.1% higher than that of the earlier session and weekly performance since 21st of May.

The chief strategist at Brewin Dolphin, Mike Lenhoff has informed that valuations are very tempting now along with the treasury market and commercial bonds.

However, Banks were the top gainers of the day. They were among the top profit makers. It has been expected that the second quarter of the current year will score a short-term peak in the pace of economic escalation.

Europe’s banking is at high tension of the financial disaster and they are facing the issues of tighter capital needs. But the rise in stock price has pushed the bank’s profit up.