Reply #6: Europe bourses fully rebound on opening

[EuroObserver]

Swiss SMI opens up 0.58% at 7877.06 in Zurich 09:03:24 CET
Xetra Dax 30 opens up 1% at 5,731.1 in Frankfurt 09:04 CET
CAC 40 opens up 0.8% at 5,009.1 in Paris 09:02 CET
FTSE 100 opens up 0.7% at 5,851.7 in London 08:02 GMT
FTSE Eurofirst 300 opens up 0.7% at 1,341.9 in London 08:18 GMT
DJ EURO STOXX50 up 0.94% at 3,763.01 in Frankfurt 09:28 CET

European shares open higher on Asia gain, earnings
LONDON, March 9 (Reuters) - European shares opened higher on Thursday following strong gains in Asia after the Bank of Japan ended weeks of uncertainty by scrapping its ultra-loose monetary policy.

France's Carrefour (CARR.PA: Quote, Profile, Research) led blue chips higher, gaining 2.4 percent after unveiling a new growth plan to deal with its home market and 2005 earnings slightly above analysts' average forecasts. Mining shares such as Rio Tinto (RIO.L: Quote, Profile, Research) and Anglo American (AAL.L: Quote, Profile, Research) were also up, reversing heavy losses in the past two days.

But French utility Suez (LYOE.PA: Quote, Profile, Research), which plans to merge with Gaz de France (GAZ.PA: Quote, Profile, Research), eased 0.9 percent despite posting forecast-beating 2005 profits.... Merger talk was once again a big focus as German utility E.ON (EONG.DE: Quote, Profile, Research) which is bidding for Spain's Endesa (ELE.MC: Quote, Profile, Research) holds a news conference and steel maker Mittal (IPSA.AS: Quote, Profile, Research), which is bidding for Arcelor (CELR.PA: Quote, Profile, Research) holds an investor day.
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Apart from the BoJ decision, the economic news of the day will be the Bank of England's interest rate decision at 1200 GMT and UK January industrial production at 0930 GMT.

Crude oil prices <CLc1> hovered around $60 a barrel.

"Not too much should be happening ahead of Friday's labour market report in the USA," said Heino Ruland, head of research at Frankfurt's Steubing brokerage, in a note. ...more...