LONDON ( The Deal) -- European stocks were mixed on Tuesday, with U.K. indices leading the gainers amid a rebound in shares of energy and resources companies.
The FTSE 100 in London gained 1.09% to 6,728.60. In Frankfurt, the DAX slipped 0.24% to 9,940.73. The CAC 40 in Paris climbed 0.28% to 4,389.51.
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Oil producers BP (BP) , Royal Dutch Shell (RDS.A) and Tullow Oil (TUWOY) rebounded from steep losses after the Organization of Petroleum Exporting Countries last week declined to cut output amid tumbling prices. Rival oil producer Total (TOT) , in Paris, also rose even as oil prices slipped further.
In London, insurer Friends Life was up about 5% and Aviva (AIVAF) rose well over 2% after the two companies agreed on a fusion that would entail Aviva offering about 5.6 billion pounds ($8.8 billion) in shares for its smaller peer.
But postal services operator Royal Mail (ROYMY) was down almost 3% after communications regulator Ofcom declared that the company's "universal service" obligation to deliver parcels and letters six days a week at the same price throughout the U.K. wasn't under threat and declined to impose new conditions on the company's direct-delivery competitors.