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Lonmin, Rio Tinto Boost Europe |
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Author: Elena Todorova
123jump.com
Last Update: 1:48 PM EDT June 13 2007
European stock markets recovered from earlier weakness to close higher on Wednesday, boosted by strong opening on Wall Street and solid gains in the mining sector. Among mining stocks, shares in Lonmin climbed 4.8%, Vedanta Resources rose 3.5% and Rio Tinto gained 4.5%. The U.K. FTSE 100 advanced 0.6%, the French CAC-40 rose 0.6%, while the German DAX Xetra 30 finished virtually unchanged at 7680.76. |
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