(Bloomberg) -- European stocks rose for the first time
in six days as investors bet last week's rout was overdone and
renewed takeover speculation lifted mining and power companies.
BNP Paribas, Axa SA and Barclays Plc paced an advance by
financial-related companies, among the hardest hit in the sell-
off. BHP Billiton Ltd. led mining companies higher after UBS AG
raised its price estimate for the stock and said mergers and
acquisitions in the industry ``will continue to accelerate.''
Centrica Plc, the U.K.'s largest energy supplier, climbed after
OAO Gazprom said it will announce an acquisition in Britain.
Read more at Bloomberg Stocks News
in six days as investors bet last week's rout was overdone and
renewed takeover speculation lifted mining and power companies.
BNP Paribas, Axa SA and Barclays Plc paced an advance by
financial-related companies, among the hardest hit in the sell-
off. BHP Billiton Ltd. led mining companies higher after UBS AG
raised its price estimate for the stock and said mergers and
acquisitions in the industry ``will continue to accelerate.''
Centrica Plc, the U.K.'s largest energy supplier, climbed after
OAO Gazprom said it will announce an acquisition in Britain.
Read more at Bloomberg Stocks News
No comments:
Post a Comment