European markets close higher: Euro Stoxx 50 +0.48%, DAX +0.53%, CAC 40 +0.62%, FTSE 100 +0.28%

European cash markets finished higher: the Euro Stoxx 50 closed up 0.48 percent, the DAX closed up 0.53 percent, the CAC 40 closed up 0.62 percent and the FTSE 100 closed up 0.28 percent. UK volume leaders were Lloyds Banking Group up 2.16 percent, Barclays up 1.07 percent, BP down 2.33 percent, HSBC up 0.27 percent and Shell down 2.08 percent. continental European volume leaders were UBS down 0.24 percent, Novartis up 0.39 percent, Nestle down 0.3 percent, Deutsche Telekom down 0.21 percent and SAP down 0.28 percent.