European stocks are rising again after two days of decline, helped by an increase in prices of mining companies and banks against the background of investors' optimism that the newly elected US President will stimulate growth in the world's largest economy. However, the index is also supported by mergers and acquisitions (M & A).

Particular attention of investors is also drawn by statistical data for the euro area. Eurostat showed that the seasonally adjusted volume of industrial production in the euro zone fell in September by 0.8% after rising 1.8% in the previous month (revised from + 1.6%). Experts predicted a drop of 1.0%. Meanwhile, among the EU countries, industrial production fell by 0.7% after rising 1.6% in the previous month. On an annual basis, industrial production increased by 1.2% in the euro area and by 1.2% in the EU. It was expected that production in the euro zone will grow by 1.0% after rising 2.2% in August (revised from + 1.8%). Among Member States for which data are available, the largest decline in industrial production were registered in Denmark (-8.1%), Germany (-1.9%) and Greece (-1.8%). Top growth was observed in Sweden (+ 7.6%), Ireland (+ 6.4%) and Estonia (+ 5.2%).

The composite index of the largest companies in the region Stoxx Europe Index 600 rose 0.6 percent.

Mining shares demonstrate the best performance among 19 industry groups Stoxx Europe 600 Index, due to an increase in metal prices. Shares of Rio Tinto Group, Glencore Plc and BHP Billiton Ltd rose by at least 2.4 percent.

Bank shares also increased markedly, mainly due to the rise of UBS Group and HSBC Holdings Plc.

The capitalization of Siemens increased 1.9 percent after the purchase of Mentor Graphics Corp for $ 4.5 billion. This step will allow Siemens to expand their opportunities for industrial software.

Novartis shares fell 0.4 percent after people familiar with the matter, said that the Swiss pharmaceutical company is in talks to acquire US Amneal Pharmaceuticals LLC.

The cost of Intrum Justitia AB jumped 12 percent as the largest debt collector in Europe said that acquires Lindorff for $ 1.96 billion.

At the moment:

FTSE 100 +40.65 6771.08 + 0.60%

DAX +40.14 10708.09 + 0.38%

CAC 40 +20.99 4510.26 + 0.47%