- UK stocks opened stronger on Monday after positive US jobs data released Friday spurred global markets, offsetting lingering protectionism fears.

At 0856, the benchmark FTSE 100 index was up 54.93 points, or 0.7%, at 7.756.70.

Packaging group DS Smith rallied 3.3% after it announced that it had agreed to buy Eastern European counterpart Papeles y Cartones de Europa, known as Europac, for €1.67bn (£1.45bn).

CYBG Group, meanwhile, made a revised share-based offer for Virgin Money to create the UK's 'first true national banking competitor'. CYBG shares added 1.6%, while Virgin Money was broadly flat.

Rolls-Royce completed the sale of its L'Orange fuel injector business to Colorado-based Woodward, banking net proceeds of €673m. Its shares gained 0.3%.

Hungarian-based budget carrier Wizz Air Holdings said it carried 18.1% more passengers in May on-year, while also boosting load factors, as it added new routes to Romania. The shares added 0.7%.

Wealth management group Mattioli Woods shed 3.5% on the back of news that it had ceased providing financial advice related to certain types of pension transfers amid a review by UK authorities.

International video analytics provider Big Sofa said losses narrowed as it added large blue-chip customers. Its shares gained 1.1%.

Wine producer Gusbourne fell 3.3% after rising costs offset a surge in revenue to deepen its annual losses.

Life sciences group Abzena failed to achieve its annual growth targets as it said losses widened as revenue growth slowed. Its shares, however, were unchanged. Story provided by