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European shares supported by oil bounce; cybersecurity stocks gain

Reuters  |  MILAN 

By Danilo Masoni and Kit ReesMILAN (Reuters) - European shares edged higher on Monday, helped by a bounce in oil prices and fresh dealmaking activity, while a global hacking attack boosted shares of software security firms.The pan-European STOXX 600 index was up 0.1 percent at its close. Both Germany's DAX and the UK's FTSE were up 0.3 percent and hit fresh record highs earlier in the session.Oil prices jumped more than 2 percent after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018, a step towards keeping an OPEC-led deal to support prices in place longer than ...

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First Published: Mon, May 15 2017. 21:44 IST