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UPDATE 4- Oil gains push European bourses higher.
(From FT Investor (Stories))
Investors ignored renewed fears about economic weakness in the US and geopolitical concerns and sent European stock markets higher on Thursday morning. The oil sector were among leading gainers following further support for crude prices.
The bourses started the New Year the way they traded for most of 2002, in negative territory, but turned positive as crude edged higher.
The pan-European FTSE Eurotop 100 rose 1.3 per cent to 1,933.2. The CAC 40 in Paris added 1.8 per cent to 3,117.9 and London's FTSE 100 gained 0.4 per cent to 3,954,5.
In Frankfurt, the Xetra Dax jumped 2.9 per cent to 2,975.9 and the Italian …
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