LONDON - London's top share index rose one percent as big gains from miners and energy stocks, boosted by firmer commodity prices, outpaced faltering banks following disappointing results from HSBC. The FTSE 100 closed at 5,405.94 points, up 51.42 or 0.96 percent.
@MARKET ROUNDUP:EUROFIRST
EUROPE - European shares closed higher as firm commodity prices lifting miners and oils, while HSBC Holdings plc. fell after reporting results and Prudential slumped after it agreed to buy AIG's Asian assets for $35.5 billion.
The pan-European FTSEurofirst 300 index of top shares rose 1.2 percent at 1,019.59 points, hitting a one-week closing high.
@MARKET ROUNDUP:EUROmarkets
FRANKFURT - The DAX index ended at 5,713.51 points, up 115.05 or 2.06 percent.
PARIS - The CAC-40 index closed at 3,769.54 points, up 60.74 or 1.64 percent.
ZURICH - The Swiss market index closed at 6,791.48 points, up 80.49 or 1.2 percent.
MILAN - The FT IT All Share index closed at 21,840.24 points, up 257 or 1.19 percent.
@MARKET ROUNDUP:nikkei
TOKYO - Japan's Nikkei average rose 0.45 percent, with metal shares such as Sumitomo Metal Mining Co. climbing on a jump in copper prices after a massive earthquake hit Chile, the world's No.1 copper producer. In light trade, the benchmark Nikkei gained 46.03 points to 10,172.06, after rising 0.2 percent on Friday.
@MARKET ROUNDUP:hang seng
HONG KONG - The Hang Seng Index ended up 2.17 percent or 448.23 points at 21,056.93, its highest close since January 20. "Strong resistance was noted at above the 21,000 level as investors were looking to lock in gains rather than betting on a further rise," said Daniel Chan, senior investment strategist from DBS Bank. "The market was focusing on HSBC earnings for hints about the health of the bank as well as its other rivals."
@MARKET ROUNDUP:asx
SYDNEY - Stocks rose 1.05 percent, as higher oil and metals prices propelled the resources sector, and investors, reassured by strong corporate results, flocked to banks and top supermarkets groups. The S&P/ASX 200 index rose 48.8 points to 4,686.5.
@MARKET ROUNDUP:south africa
JOHANNESBURG - South African stocks closed higher, boosted by an increase in risk appetite, while the rand firmed against the dollar, shrugging off the greenback's rally against key currencies abroad. The All-share index closed at 27,026.02 points, up 261.41 or 0.98 percent. The All Gold index closed at 2,167.2 points, down 15.69 or 0.72 percent, while the Industrial index closed at 21,567.04 points, up 384.14 or 1.81 percent.