European stocks ended higher Monday as investors
shifted their focus toward telecommunication, media and technology
The Dow Jones Stoxx Index of shares in European companies rose
0.7 percent, or 2.64 points, to 391.92 points.
The Dow Jones Euro Stoxx Index, which tracks companies in
countries that joined the single currency, rose 2.45 points, or 0.6
percent, to 433.95 points. The Dow Jones Euro Stoxx 50 Index rose
35.3 points, or 0.7 percent, to 5215 points and the Dow Jones Stoxx
50 Index rose 0.6 percent, or 29.8 points, to 4986.8 points.
London's FTSE-100 Share Index rose 35.4 points, or 0.6 percent,
to close at 6419.9 points.
The index, which had gained support earlier during the session,
lost some ground on Wall Street's hesitant start, but received a
boost from telecom and pharmaceuticals stocks.
Smithkline Beecham and Glaxo Wellcome both finished up about 1
Vodafone AirTouch closed 2.4 percent higher as Debitel's
withdrawal from the German third-generation mobile license auction
Friday raised the prospect of an earlier and cheaper end to the
Frankfurt's Xetra DAX Index fell .4 percent; the Paris CAC-40
Index closed up 0.9 percent. Milan's MIB30 index of blue-chip
stocks rose 0.6 percent.
Amsterdam's AEX Index closed up 0.5 percent.