By Sara Sjolin, MarketWatch
LONDON (MarketWatch) ? European stock markets moved higher in early trade on Monday, with banks and drug makers in the lead, as investors digested a raft of data out of China, including better-than-expected export numbers.
The Stoxx Europe 600 index /quotes/zigman/2380150 XX:SXXP +0.51% ?rose 0.5% to 270.68, climbing back from a 0.5% loss on Friday.
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Banks were among the biggest advancers, with Credit Agricole SA /quotes/zigman/295440 FR:ACA +2.21% ?up 2%, Banca Monte dei Paschi di Siena SpA /quotes/zigman/204677 IT:BMPS +1.33% ?adding 1.7% and Standard Chartered PLC /quotes/zigman/22532 UK:STAN +1.86% ?rising 1.3%.
Investors were looking at a fresh batch of data out of China over the weekend. The country?s trade surplus widened in September, with exports jumping 9.9%, easing worries about global consumer demand. The reading beat analysts? expectations of a 5% rise. See: China trade-surplus report surprisingly strong
On Monday, a release showed Chinese consumer prices rose 1.9% in September, leaving expectations high that Beijing will move to launch further easing measures amid cooling growth. See: China September consumer prices rise 1.9% on-year
Attention now turns to the closely watched third-quarter gross domestic product release on Thursday.
Movers
Among other notable movers in Europe, Roche Holding AG /quotes/zigman/278482 CH:ROG +1.04% ?put on 1% after the health-care major?s Genentech subsidiary said late Friday that the U.S. Food and Drug Administration had approved an expanded use for Actemra, a drug that treats adults with rheumatoid arthritis.
France?s Sanofi SA /quotes/zigman/187275 FR:SAN +1.15% ? /quotes/zigman/307926/quotes/nls/sny SNY +0.37% ?was also higher, up 0.7%.
The CAC 40 index /quotes/zigman/3173214 FR:PX1 +0.99% ?jumped 0.9% to 3,418.86.
Oil group Total SA /quotes/zigman/167939 FR:FP +1.73% ? /quotes/zigman/167990/quotes/nls/tot TOT -0.32% ?gained 1.4%, as it restated certain financial data tied to the reorganization of its upstream business as well as its supply and marketing activities.
In the U.K., oil firms were on the rise. BP PLC /quotes/zigman/210014 UK:BP +0.13% ? /quotes/zigman/247026/quotes/nls/bp BP -0.66% and Royal Dutch Shell PLC /quotes/zigman/359955 UK:RDSB +0.41% ? /quotes/zigman/379012/quotes/nls/rds.b RDS.B -0.06% ?both added 0.3%.
Miners, however, added pressure in London, tracking most metals prices lower. Rio Tinto PLC /quotes/zigman/155899 UK:RIO -1.11% ? /quotes/zigman/182541/quotes/nls/rio RIO -1.14% ? /quotes/zigman/176317 AU:RIO -1.03% ?slipped 0.7%, Kazakhmys PLC /quotes/zigman/391399 UK:KAZ -2.24% ?lost 0.5% and Fresnillo PLC /quotes/zigman/510593 UK:FRES +0.05% ?gave up 0.3%.
The FTSE 100 index /quotes/zigman/3173262 UK:UKX +0.36% ?added 0.3% to 5,809.77.
Among German shares, Commerzbank AG /quotes/zigman/144405 DE:CBK +1.70% ?picked up 1.8% and Deutsche Bank AG /quotes/zigman/207036 DE:DBK +1.82% ? /quotes/zigman/207002/quotes/nls/db DB -1.62% ?gained 1.4%.
The DAX 30 index /quotes/zigman/2380246 DX:DAX +0.67% ?rose 0.7% to 7,283.09.
/quotes/zigman/2380150
XX : STOXX
Volume: 0.00
Oct. 15, 2012 11:05a
/quotes/zigman/295440 FR : France: Paris
Volume: 2.79M
Oct. 15, 2012 10:25a
Market Cap?14.91 billion
Rev. per Employee?230,117
/quotes/zigman/204677 IT : Italy: Milan
Volume: 33.58M
Oct. 15, 2012 11:04a
Market Cap?2.80 billion
Rev. per Employee?349,036
/quotes/zigman/22532 UK : U.K.: London
Volume: 1.60M
Oct. 15, 2012 10:05a
Market Cap?34.42 billion
Rev. per Employee?176,251
/quotes/zigman/278482 CH : Switzerland: SWX Europe
Volume: 352,202
Oct. 15, 2012 11:05a
Market Capfr.158.10 billion
Rev. per Employeefr.540,166
/quotes/zigman/187275 FR : France: Paris
Volume: 238,237
Oct. 15, 2012 10:25a
Market Cap?88.14 billion
Rev. per Employee?304,628
/quotes/zigman/307926/quotes/nls/sny US : U.S.: NYSE
Volume: 758,504
Oct. 12, 2012 4:03p
Market Cap$114.29 billion
Rev. per Employee$407,770
/quotes/zigman/3173214 FR : N Euxt CMI
Volume: 0.00
Oct. 15, 2012 11:05a
/quotes/zigman/167939 FR : France: Paris
Volume: 818,051
Oct. 15, 2012 10:25a
Market Cap?90.22 billion
Rev. per Employee?1.83M
/quotes/zigman/167990/quotes/nls/tot US : U.S.: NYSE
Volume: 1.76M
Oct. 12, 2012 4:03p
Market Cap$116.99 billion
/quotes/zigman/210014 UK : U.K.: London
Volume: 4.03M
Oct. 15, 2012 10:05a
Market Cap?82.21 billion
/quotes/zigman/247026/quotes/nls/bp US : U.S.: NYSE
Volume: 3.73M
Oct. 12, 2012 4:00p
Market Cap$132.25 billion
/quotes/zigman/359955 UK : U.K.: London
Volume: 287,283
Oct. 15, 2012 10:05a
Market Cap?137.75 billion
/quotes/zigman/379012/quotes/nls/rds.b US : U.S.: NYSE
Volume: 326,278
Oct. 12, 2012 4:01p
Market Cap$221.61 billion
/quotes/zigman/155899 UK : U.K.: London
Volume: 1.11M
Oct. 15, 2012 10:05a
Market Cap?42.64 billion
Rev. per Employee?527,959
/quotes/zigman/182541/quotes/nls/rio US : U.S.: NYSE
Volume: 1.79M
Oct. 12, 2012 4:00p
Rev. per Employee$836,487
/quotes/zigman/176317 AU : Australia: Sydney
Volume: 1.86M
Oct. 15, 2012 4:10p
Rev. per Employee$821,334
/quotes/zigman/391399 UK : U.K.: London
Volume: 685,154
Oct. 15, 2012 10:05a
Rev. per Employee?34,758
/quotes/zigman/510593 UK : U.K.: London
Volume: 130,694
Oct. 15, 2012 10:03a
Market Cap?13.91 billion
Rev. per Employee?512,014
/quotes/zigman/3173262 UK : FTSE Indices
Volume: 0.00
Oct. 15, 2012 10:05a
/quotes/zigman/144405 DE : Germany: Frankfurt
Volume: 526,581
Oct. 15, 2012 10:52a
Market Cap?8.59 billion
Rev. per Employee?454,245
/quotes/zigman/207036 DE : Germany: Frankfurt
Volume: 23,645
Oct. 15, 2012 10:44a
Market Cap?30.32 billion
Rev. per Employee?486,277
/quotes/zigman/207002/quotes/nls/db US : U.S.: NYSE
Volume: 1.41M
Oct. 12, 2012 4:01p
Rev. per Employee$486,277
/quotes/zigman/2380246 DX : XETRA-ETF
Volume: 0.00
Oct. 15, 2012 11:05a
Sara Sjolin is a MarketWatch reporter, based in London.
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