Scholarships in Europe are high for mining and telecommunications

London - European markets were higher on Friday, reversing losses in the previous session, with the actions of the mining and telecommunications in high as well as the hedge fund Man Group.

At 8:07 (GMT), the index of top European shares FTSEurofirst 300 rose 1.6 percent, to 1,345 points. The pan-European index STOXX 600 showed high of 1.57 per cent, to 34 points.

Mining stocks were high after strong economic data from China, the largest global consumer of metals and the second largest economy in the world.

The data showed that producer prices in China rose unexpectedly in September for the first time in nearly five years, while consumer inflation accelerated to 1.9 percent from a year earlier, also beating market expectations.

The actions of the French telecoms group SFR advancing more than 4 percent after rival Altice acquire another share of 5 percent in SFR.

The roles of the British hedge fund Man Group jumped more than 13 percent after the company reporting an increase in the assets it manages and announce a repurchase of shares and the acquisition of Aalto investment management company.

. In London, the Financial Times index advanced 0.91 percent to 7,041 points.

. FRANKFURT, the DAX index rose 1.70 percent to 10,590 points.

. In PARIS, the CAC-40 index gained 1.91 percent to 4,489 points.

. In MILAN, the FTSE / Mib index had appreciated by 1.91 percent to 16,580 points.

. In MADRID, the IBEX-35 index recorded high of 1.93 percent at 8,774 points.

. In Lisbon, the PSI 20 index is valued-1.55 percent, to 4,629 points.