Major European stock indices trading in positive territory

The stock indexes in Western Europe are rising for a fifth straight session, while the British FTSE 100 rose to 4 weeks high due to the rise in quotations of mining companies.

The composite index of the largest companies in the region Stoxx Europe 600 rose by 0.3% - to 368.50 points.

Mining stocks rise in price on Monday due to the rise in copper and iron ore prices.

Mining sector index gained 1.3%, before reaching August 2014 highs, after the price of copper rose to 20 months high because of concerns about supplies.

Price of Rio Tinto shares rose by 12%, BHP Billiton +2,1%, Anglo American rose 1,9%, Fresnillo +1.5%.

Investors also reacted to the results of the meeting between Donald Trump and Japanese Prime Minister Shinzo Abe. "The United States supports its ally", - said D.Tramp, which reduced fears about the complications of trade relations between the two countries.

Today will be held a meeting between D.Trump with the Prime Minister of Canada Justin Trudeau.

"Investors have calmed down since Trump previous position caused some concern, not to mention the prospects of the deterioration of trade relations with the region and the overall protection of foreign policy", - says Ekrlem Craig, senior analyst at Oanda.

The market value of pharmaceutical company Stada Arzneimittel AG jumped 13% after the company announced the 2 proposals to purchase one of which - from a private investment company Cinven Partners LLP.

Share of Royal Bank of Scotland rose 1.3%. The Bank has announced plans to cut $ 1 billion in costs annually.

Saab shares fell by 5.5%, as the company's financial performance for the fourth quarter of last year fell short of market expectations.

At the moment:

FTSE 7262.45 3.70 0.05%

DAX 11734.46 67.49 0.58%

CAC 4864.25 35.93 0.74%