World markets rise after Wall St rally

World sharemarkets pushed higher, in Asia boosted by an election in Thailand and in Europe by corporate developments.

French retailer Carrefour agreed to a plan to combine its Brazilian with those of a local company while Germany’s Bayer climbed 1.4% after the US Food and Drug Administration approved an anti-clotting drug the company jointly developed with Johnson & Johnson.

Trading was subdued with Wall Street closed for the Independence Day holiday after rising the most last week in two years. The Stoxx Europe 600 index closed up 0.2% at 275.54.

The UK's FTSE 100 index rose 0.5% to 6017.54, Germany's DAX firmed 0.3% to 7442.96 and France's CAC-40 index slipped 0.1% to 4003.11.

A strong post-election rally in Thailand led a broad advance in Asian markets, with exporters and financial shares driving gains around the region…..

Read more at http://www.nbr.co.nz/article/world-markets-rise-after-wall-st-rally-ng-96530