Iran nuclear deal helps European shares to advance


LONDON: The FTSEurofirst 300 share index climbed towards a recent five-year high and Germany's DAX set a new record on Monday, with a breakthrough nuclear deal between Iran and world powers raising appetite for risky assets.

The interim agreement halts Iran's most sensitive nuclear activity, its higher-grade enrichment of uranium, and suspends sanctions by the United States and the European Union on several other sectors of Iran's economy for an initial six-month period.

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