European markets gained Monday, tracking global markets.
The FTSE edged up 0.2%. The CAC 40 Paris gained 0.4% while the German DAX was up 0.3%.
Data released before the market open showed French industrial output declined 0.3% in January after rising 1.2% the previous month. Expectations were for an increase of 0.1%.
Stocks on the Move
HSBC was down about half a percent and was the sole decliner among banks in London. RBS and Barclays were both up about half a percent each.
In miners, Vedanta Resources was up 1.1% while Aussie miners BHP Billiton and Rio Tinto both added about half a percent each.
BNP Paribas edged 0.1% lower but Societe Generale was up 0.6%. Credit Agricole edged up 0.2%.
Peugeot SA accelerated 1.8%. The company is in between talks with China’s Dongfeng Motors for a stake sale.
Nokia gained over 5% in Helsinki following an announcement last Friday the company has settled all patent litigation with HTC with the latter agreeing to payments of an undisclosed sum.
BMW AG as up 0.6% after a media report that the company is set to sell more vehicles in January compared with last year thanks to rising demand in China.
TUI AG was up 0.3% after a media report said the company expects to meet its 2013-14 financial year targets.