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Europe, Asia markets advance in thin holiday trade

Europe, Asia markets advance in thin holiday trade

European stock markets advanced in thin holiday trade Monday helped by gains in commodities stocks. Asian stocks rose moderately.
In Europe, Britain's FTSE 100 gained 2.3 percent, or 95.79 points, to 4,312.38. Germany's DAX was up 1.9 percent, or 86.25, at 4,715.63, and France's CAC 40 climbed 0.9 percent, or 28.96, to 3,145.17.
Energy companies advanced as oil prices hovered near $40 a barrel on concerns about supply disruptions in the Middle East amid Israel's offensive in Gaza. Light sweet crude for February delivery rose $2.55 to $40.26 a barrel in electronic trading on the New York Mercantile Exchange by midday in Paris. The contract on Friday rose $2.36 to settle at $37.71.
Oil majors gained, with Britain's BP PLC 4.2 percent higher at 517 pence ($7.58), Royal Dutch Shell up 1.23 percent at


Updated : 2021-08-02 22:21 GMT+08:00