LONDON — Britain's leading shares ended up 1.3 percent, with miners rising after Rio Tinto signed a cash deal to buy Canada's Alcan, and oil stocks were lifted as crude rose to an 11-month high. The FTSE 100 closed at 6,697.7 points, up 82.6 or 1.25 percent.ROUNDUP:EUROFIRSTEUROPE — European shares bounced higher, breaking a two-day losing streak, as Rio Tinto's bid for Alcan boosted mining stocks and oil producers rallied as crude topped $77 a barrel. "In the last few days the equity markets have been worrying a lot more about what's been happening in the credit markets, obviously we've had all the worries about subprime and the possible contagion into other bond markets," said Julian Chillingworth, chief investment officer at Rathbone Brothers. ROUNDUP:EUROpean marketsFRANKFURT — The DAX index ended at 8,053.43 points, up 154.89 or 1.96 percent.

PARIS — The CAC-40 index closed at 6,103.05 points, up 101.96 or 1.70 percent.

ZURICH — The Swiss market index closed at 9,248.51 points, up 34.12 or 0.37 percent.

MILAN — The All Share Mibtel index closed at 33,166 points, up 276 or 0.84 percent.ROUNDUP:nikkei>TOKYO — Japan's Nikkei average lost 0.36 percent to log its lowest close in two weeks, weighed down by Tokyo Electron and similar stocks after the company reported weak chip orders data a day earlier. The Nikkei closed down 65.37 points at 17,984.14, the lowest finish since June 28.ROUNDUP:hang sengHONG KONG — Hong Kong blue chips rebounded 0.89 percent to touch a record, their seventh in the last eight sessions, after China Mobile and Ping An Insurance surged to new highs, helped by broker upgrades. The Hang Seng Index ended at 22,809.02, earlier having touched a fresh peak at 22,975.81.ROUNDUP:asx<.5b0>SYDNEY — Australian shares rose 0.6 percent, rebounding from two days of losses, as mining stocks rallied ahead of Rio Tinto $38.1 billion bid for Alcan Inc. The S&P/ASX 200 index added 38.3 points to close at 6,363.4.ROUNDUP:south africaJOHANNESBURG — South African shares muscled to a record high as a stronger gold price and Rio Tinto's bid for Alcan powered mining stocks but Anglo Platinum sank on a disappointing trading update. The All-share index closed at 29,791.27 points, up 147.91 or 0.50 percent.