Canada's benchmark TSE 300 closed up 50.3 points to 8301.2. Friday's strong close and Monday afternoon's bullish reversal in the U.S. indices were supports. Of the 14 subindices, 11 closed up -- lead by the Industrials (thanks to the bullish reversal in key stock Nortel, which closed up 76 cents to C$21.60.
European markets ended higher. In London, the Financial Times-Stock Exchange 100 index gained 46.90 points, or 0.81%, to 5,856.50. In Germany, the DAX Index added 49.19 points, or 0.80%, to 6,174.36. Markets in France were closed for observance of Ascension Day.
Asian markets finished higher. The Nikkei added 50.51 points, or 0.38%, to 13,312.35. Banking stocks were hit especially hard. In Hong Kong, the market gained 66.11 points, or 0.50%, to 13,207.49.