European stocks climb on US credit rating

Source: Bloomberg
© Scanpix/Reuters

On Monday trading session European stocks recovered from 6-week low as rating companies restated the US credit rating. Stoxx Europe 600 Index gained 0.9% to 226.77 in London morning trading session after experiencing loss of 3.2% yesterday. Mining companies boosted index with Xstrata Plc (XTA) and Antofagasta Plc (ANTO) both adding 2%.

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