LONDON (AFP) - European shares rose Wednesday, after gains in Asia and overnight on Wall Street, amid renewed hope that a revised version of a US financial rescue plan would be adopted by Congress.

Shortly after the start of trading, London's FTSE 100 index of leading shares showed a gain of 1.15 percent at 4,958.84 points.

Frankfurt's DAX 30 added 0.43 percent to 5,856.07 points and in Paris the CAC 40 increased by 0.26 percent to 4,042.49 points.

A powerful Wall Street rally on Tuesday helped lift global markets a day after a near-meltdown as investor hopes grew on the prospects for a new US financial rescue package to ease the ongoing crisis.

Share prices had dived worldwide after the US Congress on Monday rejected the 700-billion-dollar rescue plan for the ravaged financial sector.

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