European stocks gain amid US holiday | Bangkok Post: news

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European stocks gain amid US holiday

European share prices rose on Monday with London hitting a near five-year high in light trading amid a public holiday in the United States, although the luxury goods sector was tarnished by a gloomy outlook from the Swiss group Richemont.

European share prices rose on Monday with London hitting a near five-year high in light trading amid a public holiday in the United States, although the luxury goods sector was tarnished by a gloomy outlook from the Swiss group Richemont.

London's FTSE 100 index of top companies gained 0.43 percent to 6,180.98 points, a level unseen since May 2008.

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