European shares ended the session on gains Monday, buoyed by a wave of mergers and acquisitions projects and mining stocks.
The Paris CAC 40 index closed up 0.77% to 3553.23 points and the pan-European FTSEurofirst 300 index rose 0.57% to 1,035.42 points, recovering himself gradually after reaching a low of one month from the close Friday.
The mines have responded positively to a possible abandonment of a new tax in Australia, leading producer of metals in the world.The sector index gained 0.55%, and BHP Billiton, Anglo American, Antofagasta and Rio Tinto closed with respective gains of 0.49%, 1%, 1.58% and 0.56%.
0.79% HSBC took when she announced exclusive negotiations to acquire a controlling stake in Nedbank, fourth largest bank in South Africa, an operation that could reach 5.37 billion euros.
The insurer Anglo-South African Old Mutual, Nedbank, which controls, closed up 3.22% at the London Stock Exchange.
"The day was good thanks to mergers and acquisitions, which is surprising in view of concern over the prospect of a relapse of the economy," said Mike Lenhoff, chief strategist at Brewin Dolphin."Businesses consider that the environment is satisfactory and it is time to make acquisitions."