European stocks jump
European stocks jump European stocks advanced on Monday (Oct. 1, 2007) led by BHP Billiton and Anglo American, the world`s largest mining companies, as copper prices advanced for a third consecutive day. Air France-KLM Group climbed the most among travel and leisure companies after Goldman Sachs recommended buying airlines` shares. Germany`s largest bank, Deutsche Bank, fell on substantial reduction in third-quarter earnings estimates by Merrill Lynch. Commerzbank fell as UBS downgraded shares of bank. UK`s FTSE 100 index gained 35.00 points, or 0.54%, to trade at 6,501.80. French benchmark, CAC 40 index, gained 57.57 points, or 1.01%, to trade at 5,773.26. Germany`s DAX index gained 50.45 points, or 0.64%, to trade at 7,911.96. Italy`s MILAN MIB30 index gained 540.00 or 1.35% to trade at 40,429.00
