Miners help European shares to end slightly higher

lunes 6 de octubre de 2014 12:53 GYT
 

* FTSEurofirst 300 index closes 0.2 percent higher

* Miners advance, mirror stronger metals prices

* Glencore "groundwork" for likely merger with Rio: report

* Nokia gains on hopes for value of patents portfolio

By Atul Prakash

LONDON, Oct 6 (Reuters) - European shares ended slightly higher on Monday after surging in the previous session on further signs that the U.S economy is gathering momentum, with miners gaining the most driven by stronger industrial metals prices.

The STOXX Europe 600 Basic Resources index rose 1.5 percent as prices of copper, aluminium and zinc climbed 0.7 to 2.0 percent in expectations of stronger demand for raw materials in countries such as the United States.

Miners Rio Tinto, BHP Billiton, Fresnillo and Antofagasta rose 1.6 to 3.8 percent.

Rio Tinto's American Depository Receipts were 7.4 percent higher after the European market close on a Bloomberg report, quoting people familiar with the situation, saying Glencore was laying the groundwork for a potential merger with Rio Tinto Group in 2015.   Continuación...