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European stocks outside London advance

Despite persisting cautious tone during the European trading hours, the stocks on the European bourses managed to recover early losses, and now advances amid corporate news.  

The European markets climb this Monday, as ongoing weakness in the euro boosts the exporters’ stocks. A lower euro helps make shares of the European companies less expensive for foreign investors.

Moreover, the news over a takeover deal that a US national-security regulator cleared the proposed $43 billion purchase of the Swiss seed maker Syngenta by ChemChina, also lifted the sentiment around the European indices. Shares of Syngenta jumped +12%.

However, the London markets keep losses as the commodity-heavy index remains weighed down by aggressive selling seen across the commodities’ space.

Meanwhile, Germany's DAX 30 index rises +0.34% to 10,579, while the UK's FTSE 100 index trades -0.34% lower at 6,835. Among the other indices, the French CAC 40 index gains +0.23% to 4,410, while the pan-European Euro Stoxx 50 index rises +0.22% to 2,980.

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