LONDON — The FTSE 100 index of Britain's leading shares ended up 0.96 percent to reverse some of the losses suffered last week after fears that global interest rates were headed higher. The FTSE 100 closed at 6,567.5 points, up 62.4 or 0.96 percent.ROUNDUP:EUROFIRSTEUROPE — European stocks snapped a five session losing streak as a rally in banks and resources gave the market a boost and a resurgence of merger and acquisition activity helped lift sentiment.Among major movers, Rexam sank after agreeing to buy Owens-Illinois Inc.'s plastic packaging business, while renewed takeover talk boosted shares in Vallourec.

The FTSEurofirst 300 index of top European shares closed up 1.0 percent at 1,582.5 points, clawing back after a 3.6 percent drop last week, its worst week since a global sell-off in late February.ROUNDUP:european marketsFRANKFURT — The DAX index ended at 7,706.1 points, up 115.6 or 1.52 percent.

PARIS — The CAC-40 index closed at 5,940.09 points, up 56.8 or 0.97 percent.

ZURICH — The Swiss market index closed at 9,223.04 points, up 72.35 or 0.79 percent.

MILAN — The All Share Mibtel index closed at 32,744 points, up 160 or 0.49 percent.ROUNDUP:nikkeiTOKYO — The Nikkei rose 0.31 percent as Honda Motor Co. and other exporters rose following gains in US stocks, while Mitsui Sumitomo Insurance Co. Ltd. and its peers rose on expectations it would benefit from higher yields on government bonds. The Nikkei added 55.39 points to 17,834.48.ROUNDUP:hang sengB>HONG KONG — Blue chips rose, clawing back some of last session's sharp losses, helped by gains in mainland telco shares after telecoms network company Ericsson signed a deal with the parent of China Mobile. The benchmark Hang Seng Index closed up 106.34 points or 0.52 percent to end at 20,615.49, having traded in a narrow range on shrinking turnover.ROUNDUP:asxSYDNEY — Australian financial markets were closed yesterday for the Queen's Birthday national holiday. They will reopen today. On Friday, The S&P/ASX 200 index slid 79.4 points to a near six-week closing low of 6,231.7.ROUNDUP:south africa9.5b0>JOHANNESBURG — South African stocks recovered, buoyed by gains in resource and bank stocks, led by BHP Billiton, after falling last Friday on fears that global interest rates were headed higher. The All-share index closed at 28,545.57 points, up 376.34 or 1.34 percent. The All Gold index closed at 2,622.25 points, up 41.13 or 1.59 percent, while the Industrial index closed at 19,511.47 points, up 322.22 or 1.68 percent.