LONDON: European stocks rose on Monday, with low-cost airline Ryanair climbing after it issued a bullish outlook while shares in William Hill surged on bid interest from its rivals.The pan-European STOXX 600 index was up 0.3 per cent, near the level it was at before Britain's vote in late June to quit the European Union Ryanair rose 5.5 per cent after the company said it remained on track for its highest-ever profit this year, although it also warned it may yet have to review guidance since Brexit had created huge uncertainty.William Hill also jumped 9.4 per cent after online gambling group 888 Holdings and casino operator Rank Group said they were joining forces with a view to making a bid for William Hill.The STOXX 600 index is up some 10 per cent from a low point reached in June after the Brexit vote, although the index remains down by around 7 per cent so far in 2016.

Source: Economic Times July 25, 2016 09:25 UTC