European Indexes Finish Higher

A fresh round of M&A headlines helped lift markets Monday

London: The FTSE 100 closed comfortably higher Monday after bouncing back from last week's losses. The blue-chip index was supported by M&A activity and strength in banking and mining stocks. Wall Street was flat over interest rate woes. The pound was trading at US$1.9680 after in-line PPI data. Gold in Europe closed firm on bargain hunting. Copper and lead were higher on strike concerns and short-covering. Oil moves to US$65.21/bbl after OPEC said has no plans to raise supplies.

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