London--European stock markets rose on Monday, with London closed for a bank holiday, as investors awaited important corporate results and economic data due out this week.
In afternoon deals Frankfurt's DAX 30 index climbed 1.16 percent compared with Thursday's close to 11,587.43 points, and the CAC 40 in Paris added 1.13 percent to 5,103.35.
Madrid's Ibex-35 gained 0.44 percent and Milan's FTSE Mib advanced 0.97 percent after the long May 1 weekend.
Switzerland's SMI moved 0.35 percent higher as share prices of Swiss agro-chemical company Syngenta surged 8.17 percent on unconfirmed reports US giant Monsanto is interested in a merger.
Markets across Europe rebounded into the black from early losses following publication of Markit Economics's closely-watched Purchasing Managers Index (PMI) for the eurozone that showed manufacturing continued to expand in April.
The final eurozone manufacturing PMI came in at 52.0, up from the initial estimate of 51.9 but down from the 52.2 in March.
The index, which is calculated from surveys of business, is seen as a reliable indicator of economic trends. A score above 50 indicates expansion.
US stocks opened higher similarly heartened by indications of renewed economic life in Europe.
Five minutes into trade, the Dow Jones Industrial Average was up 0.19 percent to 18,058.59 points.
The broad-based S&P 500 rose 0.39 percent to 2,116.49, while the tech-rich Nasdaq gained 20.78 points 0.41 percent at 5,026.12.
AFP
