Commodities-related stocks help European equities to rebound
<p><span word="Oct">Oct</span> 18 <span word="European">European</span> <span word="shares">shares</span> <span word="bounced">bounced</span> <span word="back">back</span> <span word="early">early</span> <span word="on">on</span> <span word="Tuesday">Tuesday</span>, <span word="with">with</span> <span word="commodities">commodities</span>-<span word="related">related</span> <span word="stocks">stocks</span> <span word="leading">leading</span> <span word="the">the</span> <span word="market">market</span> <span word="higher">higher</span> <span word="after">after</span> <span word="prices">prices</span> <span word="of">of</span> <span word="major">major</span> <span word="industrial">industrial</span> <span word="metals">metals</span> <span word="and">and</span> <span word="crude">crude</span> <span word="oil">oil</span> <span word="rose">rose</span> <span word="on">on</span> <span word="a">a</span> <span word="softer">softer</span> <span word="dollar">dollar</span>.</p><p><span word="The">The</span> <span word="pan">pan</span>-<span word="European">European</span> <span word="STOXX">STOXX</span> 600 <span word="index">index</span> <span word="rose">rose</span> 1.1 <span word="percent">percent</span>.</p><p><span word="The">The</span> <span word="STOXX">STOXX</span> <span word="Europe">Europe</span> 600 <span word="Basic">Basic</span> <span word="Resources">Resources</span> <span word="index">index</span> <span word="rose">rose</span> 2 <span word="percent">percent</span>, <span word="the">the</span> <span word="top">top</span> <span word="sector">sector</span> <span word="gainer">gainer</span>, <span word="as">as</span> <span word="copper">copper</span> <span word="prices">prices</span> <span word="gained">gained</span> <span word="after">after</span> <span word="the">the</span> <span word="dollar">dollar</span> <span word="eased">eased</span> <span word="from">from</span> <span word="seven">seven</span>-<span word="month">month</span> <span word="highs">highs</span>. <span word="Other">Other</span> <span word="metals">metals</span>, <span word="including">including</span> <span word="gold">gold</span>, <span word="also">also</span> <span word="rose">rose</span> <span word="as">as</span> <span word="a">a</span> <span word="weaker">weaker</span> <span word="dollar">dollar</span> <span word="made">made</span> <span word="commodities">commodities</span> <span word="cheaper">cheaper</span> <span word="for">for</span> <span word="other">other</span> <span word="currency">currency</span> <span word="holders">holders</span>.</p><p><span word="The">The</span> <span word="European">European</span> <span word="oil">oil</span> <span word="and">and</span> <span word="gas">gas</span> <span word="index">index</span> <span word="also">also</span> <span word="advanced">advanced</span> 1.4 <span word="percent">percent</span> <span word="on">on</span> <span word="the">the</span> <span word="currency">currency</span> <span word="moves">moves</span> <span word="and">and</span> <span word="as">as</span> <span word="some">some</span> <span word="analysts">analysts</span> <span word="said">said</span> <span word="markets">markets</span> <span word="might">might</span> <span word="not">not</span> <span word="be">be</span> <span word="quite">quite</span> <span word="as">as</span> <span word="oversupplied">oversupplied</span> <span word="as">as</span> <span word="suggested">suggested</span> <span word="by">by</span> <span word="many">many</span>, <span word="with">with</span> <span word="global">global</span> <span word="inventories">inventories</span> <span word="rising">rising</span> <span word="less">less</span> <span word="than">than</span> <span word="expected">expected</span>.</p><p><span word="Shares">Shares</span> <span word="in">in</span> <span word="Rio">Rio</span> <span word="Tinto">Tinto</span>, <span word="Randgold">Randgold</span> <span word="Resources">Resources</span>, <span word="Fresnillo">Fresnillo</span>, <span word="Royal">Royal</span> <span word="Dutch">Dutch</span> <span word="Shell">Shell</span> <span word="and">and</span> <span word="BP">BP</span> <span word="rose">rose</span> 1.2 <span word="to">to</span> 2.2 <span word="percent">percent</span>.</p><p><span word="On">On</span> <span word="the">the</span> <span word="downside">downside</span>, <span word="shares">shares</span> <span word="in">in</span> <span word="French">French</span> <span word="testing">testing</span>, <span word="inspection">inspection</span> <span word="and">and</span> <span word="certification">certification</span> <span word="company">company</span> <span word="Bureau">Bureau</span> <span word="Veritas">Veritas</span> <span word="fell">fell</span> 4.5 <span word="percent">percent</span> <span word="after">after</span> <span word="the">the</span> <span word="company">company</span> <span word="cut">cut</span> <span word="its">its</span> <span word="outlook">outlook</span> <span word="for">for</span> <span word="full">full</span> <span word="year">year</span> 2016 <span word="as">as</span> <span word="the">the</span> <span word="weakness">weakness</span> <span word="in">in</span> <span word="the">the</span> <span word="oil">oil</span> <span word="and">and</span> & <span word="gas">gas</span> <span word="and">and</span> <span word="shipping">shipping</span> <span word="markets">markets</span> <span word="weighed">weighed</span> <span word="on">on</span> <span word="its">its</span> <span word="revenue">revenue</span>.</p>
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