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European stocks started mostly higher Monday, with resource companies posted some of the largest gains following the Chinese factory data outmatched anticipations.
European stock markets opened mostly higher on Monday, with resource firms posting some of the biggest advances after Chinese factory data beat expectations.
The Stoxx Europe 600 index profited 0.3% to 345.15, following it ended with a seventh consecutive weekly increase Friday. Germany's DAX 30 index climbed 0.3% to 9,970.92. UK's FTSE 100 index grew 0.2% to 6,858.40. France's CAC 40 index snipped 0.1% to 4,515.46.
Miners and oil companies were among the leading performers in Monday's trade following China's official manufacturing Purchasing Managers Index escalated to 50.8 in May, as compared to 50.4 in April.
Rio Tinto PLC shares rose 1.5%, while BHP Billiton PLC gained 1%. Oil giant Total SA added 0.9%. Among other notable movers, Orion Oyj shares surged 13% following the drug maker nailed a cancer drug deal with German fellow Bayer AG.
