European Stocks Extend Record With Spanish Shares at 5-Year High
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European stocks advanced for a fifth day, with Spanish equities jumping to their highest levels since January 2010.
The Stoxx Europe 600 Index added 0.2 percent to 413.63 at the close of trading in London, after rising as much as 0.3 percent. Gains in Telefonica SA and Banco Santander SA pushed the IBEX 35 Index up 1 percent for one of the biggest jumps in western-European markets. The region’s miners fell for the first time in five days as China’s exports unexpectedly slumped the most in more than a year, raising questions over the durability of global demand.