Good news is that there is a rise in European stocks for continuous four sessions as on Wednesday which relaxed the fear that global economic growth will weaken further as indicated by Chinese export data. 

 
  The Stoxx Europe 600 index SXXP, +0.12% jumped 2.5% to end at 343.06, touching its major daily gain since March 201111.
 
  As we all know the Chinese economy which is the world’s second largest economy was rapidly slowly down which created an alarm. That fear was put to an end after nine months in March as Chinese Exports rose 11.5%, after a decline of 25.4% in February. This even exceeded the forecast by the Wall street journal by 8.5%. 
 
  Naeem Aslam, chief market analyst at AvaTrade opined “It signals two clear elements: first of all, global growth may be growing stronger and this despite the fact that the IMF reduced their world growth target yesterday, but increased their growth target for China. Finally, the policies employed by the [People’s Bank of China] are not completely fruitless,” 
 
  The stronger growth in the market of China being one of the biggest consumers of natural resources reflects in the growth of Europe’s commodity companies. On Wednesday, when shares in steelmaker ArcelorMittal MT, -0.35%  jumped 9.6%, miner Anglo American PLC AAL, -1.92%  rose 11%, and Rio Tinto PLC RIO, +0.25% RIO, +2.57% RIO, +6.48%  gained 7.6%..
 
  Oil rally: Oil-related organizations were additionally on the ascent, after raw petroleum fates CLK6, +0.05% settled up 4.5% at a 2016 high on Tuesday. Oil costs surrendered part of that pick up on Wednesday, halfway in light of benefit taking and incompletely as a result of vulnerability about whether anything will be settled upon at a Sunday meeting in Doha that will see real crude-producing nations talk about a generation solidify.
 
  Oil explorer Tullow Oil TLW, +0.13%  climbed 11%, Total SA FP, +0.08% TOT, +2.15% added 4%, and Statoil ASA STL, -0.53%  put on 3%.
 
  Italian banks: Banks in Italy were among Europe's greatest advancers after the Italian government prior in the week illustrated an arrangement to shore up its powerless budgetary framework.
 
  Shares of Banca Monte dei Paschi di Siena SpA BMPS, +0.34%  added 12%, Banca Popolare dell’Emilia Romagna Scarl BPE, +1.74% gained 11% and Banca Popolare di Milano Scarl PMI, +1.52%  rose 7.9%.
 
  Other movers: Shares of Tesco PLC TSCO, -0.16% TSCDY, -7.48% drooped 7.8%, even as the supermarket chain oscillated to a full-year profit. Investors were, however, concerned about a cautious outlook on profit, as the food retailer signaled that future profitability will be stopped by investment.
 
  Shares of Premier Foods PLC PFD, +1.20%  tumbled 27% after U.S.-based McCormick & Co. Inc. MKC, -2.20% dropped plans for a takeover of the U.K. food manufacturer.
 
  Elekta AB EKTAB, +1.41%  jumped 7.2% after the Swedish medical technology company appointed Richard Hausmann as its new chief executive.
 
  Indexes: France’s CAC 40 index PX1, +0.10%  finished up 3.3% at 4,490.31, while Germany’s DAX 30 index DAX, +0.17%  gained 2.7% to 10,026.10.
 
  The U.K.’s FTSE 100 index UKX, +0.04%  climbed 1.9% to end at 6,362.89.