European stocks extend gains for the fourth straight session after comments about expanding monetary stimulus

European stocks rose on Friday morning dealings, extending gains for the fourth straight session, on its way towards the biggest weekly gain in a month, after positive data on the manufacturing sector, and statements about the expansion of monetary stimulus in Europe and Britain after Britain's secession from of the European Union.

The Dow Jones Stoxx Europe 600 index rose 0.2 percent by 9:12 am GMT, the index ended yesterday's session, up one percent in the third daily gain in a row with the decline of the British shock separation.

Over this week, the Dow Jones Stoxx Europe index traded higher so far more than 2.5 percent on its way towards the biggest weekly gain in a month.

In Europe, the manufacturing sector grew to the level of 52.8 points in June from the level of 51.5 points in May, exceeding expectations of the level of 52.6 points, and in Britain, industries sector recorded the level of 52.1 points in June the highest pace since last January from the level of 50.1 points in May surpassing the expectations of the level of 50.0 points.

European stocks recouped more than half of the losses incurred after the shock of the British referendum, after the central bank intervened to reassure investors about the readiness to act to support the economy.

Mark Carney  Britain's central bank governor said on Thursday that the bank could ease monetary policy within the next few months, the ECB also said it will reconsider easing the rules of buying bonds.

Futures for the S & P 500 fell 0.1 percent, after the index closed yesterday's trading on Wall Street, up 1.4 percent in the third daily gain in a row, due to receding expectations of increased US interest rates during the current year.

As for the most important European markets indicators euros Stoke 50 index rose 0.2 percent, and France's CAC 40 Index climbed 0.2 percent, and Germany's DAX index rose 0.3 percent, and in London's FTSE 100 rose 0.4 percent.