European Stocks Advance, Led by Fortis, Credit Suisse, BP

European stocks rose, led by Fortis, Credit Suisse Group and BP Plc.

The Dow Jones Stoxx 600 Index added 0.2 percent to 364.88 as of 10:28 a.m. in London. The Stoxx 50 increased 0.3 percent, while the Euro Stoxx 50, a measure for the euro region, advanced 0.5 percent.

Fortis climbed 2.9 percent to 18.69 euros after China's Ping An Insurance (Group) Co. bought a stake in Belgium's biggest financial company.

Credit Suisse, Switzerland's second-largest bank, advanced 1.8 percent to 67.6 francs.

BP Plc, Europe's second-largest oil company, gained 1.4 percent to 585.5 pence.

Oil surged more than $4 a barrel, the most in a month, after an explosion at an Enbridge Inc. pipeline from Canada to the U.S. cut supply to the world's largest energy user.
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