European shares rise in early trading and the Financial Times index near its highest level ever

European stocks rose on Tuesday morning dealings, extending gains for the third straight session, supported by the wide rise of the British market and the approaching of the Financial Times Index from the highest level ever, based on the decline of the local currency to the lowest level in 31 years against the US dollar.

The Dow Jones Stoxx Europe 600 Index rose 0.6 percent by 10:17 pm GMT, the index ended yesterday's session up more than 0.1 percent, in the second daily gain in a row.

Financial Times  100 index of UK rose 1.6 percent to trade above 7,000 points for the first time in 16 months, and is within reach of the highest level ever, to be the biggest gainer of all the major indexes in Europe, and with the continuing decline in the British pound to the lowest level in 31-year low against the US dollar.

British pound continued its decline for the second consecutive day against the US dollar, marking the lowest level $ 1.2735 since June 1985, under the pressure of the negative impact of concerns over the separation of the country of the European Union on the British economy's recovery path.

Those fears been renewed after the British prime minister, "Theresa May" statements which emphasized its intention to begin the separation procedure of the European Union during the first quarter of next year.

Futures for the S & P 500 rose 0.1 percent, and the index closed yesterday's session on Wall Street, down by 0.3 percent, with high expectations of raising US interest rates in December.

As for the most important European markets indices euros Stoke 50 index rose 0.6 percent, and France's CAC 40 Index climbed 0.8 percent, and in London Financial Times 100 index increased 1.6 percent, and in Germany the DAX added 0.5 percent, with the resumption of trading after a holiday on Monday.