European shares lifted by oil bounce, dealmaking; cybersecurity stocks gain

European shares rose on Monday helped by a bounce in oil prices and fresh dealmaking activity, while a global hacking attack boosted shares of software security firms.

The pan-European STOXX 600 index rose 0.2 per cent, hovering around its highest levels in 21 months, while Germany’s DAX was up 0.3 percent after hitting a fresh record high. UK’s FTSE added 0.3 per cent.

Oil prices jumped after the energy ministers of the world’s two biggest producers Saudi Arabia and Ru ..

London-listed shares in cloud network security firm Sophos jumped as much as 3.6 per cent to a record high, as cybersecurity stocks were in demand after a global “ransomware” attack disrupted car factories, hospitals, shops and schools around the world.

Source:http://economictimes.indiatimes.com/markets/stocks/news/european-shares-lifted-by-oil-bounce-dealmaking-cybersecurity-stocks-gain/articleshow/58681355.cms