European equities extended their gains on Monday, lifted by stronger energy and metals stocks and a solid performance on Wall Street.

The FTSE Eurofirst 300 advanced 3.8 per cent to 928.29, adding to its 4.2 per cent surge on Friday. However, shares were still down almost 40 per cent from their January peak.

France’s CAC 40 index rose 3.7 per cent to 3,448.51 while the Xetra Dax in Germany was up 1.1 per cent at 4,835.23. In Russia, the Micex Index bounced 4.5 per cent to 626.42.

Financial services group ING put on 29.2 per cent to €9.48 on news that the Dutch government had injected €10bn ($13bn) in the bank to boost its capital. ... Read full article