LONDON (The Deal) -- European stocks rose on Wednesday, with metals and mining stocks leading the way on the last full trading day before the Christmas break, and ahead of Wednesday's battery of economic data out of the U.S.
In London, the FTSE 100 was 1.52% higher at 6,175.27, while in Frankfurt the DAX added 1.66% to 10,662.85. In Paris, the CAC 40 climbed 1.6% to 4,640.72.
Metals and mining stocks were among London's top gainers on higher metals prices, with Glencore (GLNCY) adding more than 7%, Anglo American (AAUKY) up 6.81%, and Antofagasta (ANFGY) and Fresnillo (FNLPF) both up more than 4%.
On the macroeconomic front, the U.K.'s Office for National Statistics revised its third-quarter GDP growth figure downward by 0.1 percentage point to 0.4%. In France, the official statistics office said that GDP grew by 0.3% in the third quarter, in line with its earlier estimate, while November household spending experienced its biggest drop since January 2014.
Corporate news tugged stocks in both directions.
In Zurich, Syngenta (SYT) was more than 2% higher after Chairman Michel Demaré told a Swiss newspaper that the company is in "advanced, formal and intense negotiations" with unnamed peers about a possible combination.
Meanwhile, on London's Alternative Investment Market, InterBulk Group soared more than 100% after the logistics provider said it has agreed to be taken over by Dutch peer Den Hartogh Holding in a deal that values the target at around GBP 42.1 million ($62.6 million).
Among the day's decliners, GAME Digital slumped about 38% following a negative first-half outlook from the specialist video game retailer following "disappointing" sales since the start of school Christmas holidays.
Pittards fell 11.3% after the leather goods maker said its full-year profit, due to be released in March, will be reasonable but "materially below" current market expectations.
Panmure Gordon was down more than 20% on London's Alternative Investment Market after the investment banking and institutional stockbroking firm gave a negative outlook for the year. But it said the pipeline of transactions for next year has continued to build to an "encouraging level" to generate improved revenues.
Later Wednesday all attention will shift to the other side of the Atlantic for a slew of data from the world's largest economy including MBA mortgage applications and new home sales, personal income and spending, durable goods orders and weekly oil inventory data.
Asian stocks were mixed, with the Hang Seng adding 0.96% to 22,040.59 in Hong Kong. Markets in Tokyo were closed.