European shares supported by gains in mining and oil companies

* Mining and energy stocks amongst leading performers * Airline company stocks fall after Barclays price target cuts * Lots of financiers stay careful prior to “Brexit” vote

( ADVISORY- Reuters plans to change intra-day European and UK
stock market reports with a Live Markets blog on Eikon – see cpurl:// apps.cp./ cms/? pageId= livemarkets.
for website in advancement. See the bottom of the report for more.
details) By Sudip Kar-Gupta and Alistair Smout LONDON, June 6 European stocks rose on Monday,.
assisted by gains in significant mining and oil company shares,.
following Friday prompted by Friday’s weak U.S. tasks information. The pan-European STOXX 600 and FTSEurofirst 300.
equity indexes both rose around 0.5, having fallen.
around 1 percent on Friday. European shares were led up by Britain’s FTSE 100,.
which increased 1.4 percent and is greatly weighted in.
commodity-related shares. The U.S jobs data struck the dollar, but this in turn provided a.
lift to the commodity sector, because a weaker greenback makes.
commodities priced because currency more budget friendly for.
customers paying with other currencies.

Mining stocks such as Anglo American, Rio Tinto.
and BHP Billiton increased more than 5 percent as the.
cost of copper climbed to its highest level in around 4.
weeks. “The mining sector is bouncing up on the back of the weaker.
dollar,” Hantec Markets’ expert Richard Perry stated. The shares of oil majors such as BP and Overall.
likewise rose as oil prices advanced. Nevertheless, shares in airline companies Air France KLM,.
Lufthansa and International Consolidated Airlines.
Group all fell after experts at Barclays cut their.
price targets on the stocks.

” Even if their margins are still rising thanks to fuel.
savings, many airline companies across the globe would confess that demand.
is softer than anticipated,” Barclays wrote in a note. Travel stocks fell 0.4 percent, one of only 2.
sectors in negative territory. Relentless issues that Britain will vote to leave the.
European Union in a mandate on June 23 likewise kept financiers on.
edge. A series of surveys revealed that the ‘Out’ project was.
acquiring momentum, with YouGov and ICM polls giving it a 4-5.
point lead. That put pressure on the pound however likewise hit particular.
UK-listed stocks with exposure to the domestic economy.

Housebuilders such as Berkeley, Persimmon.
and Barratt Developments are expected to be a few of the.
stocks most affected by any British exit from the EU, or Brexit,.
and were down 0.5-1.5 percent. Today’s European research round-up ADVISORY- Reuters prepares to change intra-day European and UK.
stock market reports with a Live Markets blog site on Eikon (see cpurl:// apps.cp./ cms/? pageId= livemarkets.
for website in development). In a real-time, multimedia format.
from 0600 London time through the 1630 closing bell, it will.
include the best of our market reporting, Stocks Buzz service,.
Eikon graphics, Reuters images, eye-catching research study and.
market zeitgeist. Breaking news and remarkable market moves will.
continue to look out to all customers and we will continue to.
supply a short opening story and comprehensive closing reports. If you have any ideas, recommendations or feedback on this,.
please email Mike Dolan, Markets Editor EMEA.

( Editing by Tom Heneghan).

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