European stock markets edged higher, with the STOXX Europe 600 index closing 0.04% up on the day. Telecom shares led the gains, as Vodafone surged 12.6% following reports that the family of French businessman Xavier Niel acquired a stake held by UAE telecom group e&. In travel and leisure, easyJet rose 14.3% on expectations of progress in a takeover plan by US private equity firm Apollo Global. Meanwhile, the tech index fell 0.81%, and auto giant Volkswagen dropped 1.3%. In eurozone bond markets, regional government bond yields declined, with the German 10-year yield down 1 basis point to 3.04%. In London, the FTSE 100 rebounded slightly, up 0.24%, while the mid-cap FTSE 250 index extended gains, rising 0.56%.
EasyJet PLCeasyJet rose 14.3% on expectations of progress in a takeover plan by Apollo Global.
Vodafone Group PLCVodafone surged 12.6% after reports that Xavier Niel's family acquired a stake held by UAE telecom group e&.
Volkswagen AG
Volkswagen AG VZO O.N.