
European equities markets saw gains Monday on a merger in the telecommunications sector and on new data from the US services sector, as the Institute for Supply Management’s services sector purchasing managers’ index rose to 50.9 in September, from 48.4 in August, indicating slight growth in the sector for the first time in a year.
The FTSE 100 was up 0.71 percent to 5,024.33 in London, while the FTSE 250 added 0.93 percent to 8,982.53.
Miners saw gains, with Eurasian Natural Resources (LSE: ENRC) leading the 100 with a gain of 4.71 percent as Anglo American (LSE: AAL) and Antofagasta (LSE: ANTO) were also among the top five gainers on the 100 as they gained 3.97 percent and 3.68 percent respectively.
Banks were up, led by Royal Bank of Scotland (LSE: RBS; NYSE: RBS PRM), which added 4.12 percent, while building materials group Wolseley (LSE: WOS) turned in the worst performance of the day on the 100 as it fell 1.08 percent.
Over on the 250, defence specialists Chemring Group (LSE: CHG) added 9.04 percent for the best …
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