European stocks started June with strong gains, pushing a key regional barometer to a new high, as commodities prices rallied on hopes the global economic recovery will continue gathering pace.
The European Stoxx 600 index closed 0.75 per cent higher, reaching a record high. Shares in miners and energy companies led the way in Europe on Tuesday, as the price of global oil benchmark Brent reached its highest level since March.
Tuesday’s gains were broad, however, with other economically sensitive sectors such as carmakers, industrials and banks also rising.
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