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* STOXX Europe 600 index up 0.6 pct
* Mining shares among top gainers
* Rotork surges after guidance
By Atul Prakash
LONDON, Nov 22 (Reuters) - European mining shares rose 3percent on Tuesday, underpinning Europe's benchmark STOXX 600index as the global reflation trade in the wake of DonaldTrump's victory in the U.S. presidential election continued.
The pan-European STOXX 600 index was up 0.6 percentby 0924 GMT after climbing to its highest level since Nov. 10.The index extended the pervious day's gains of 0.25 percent andmirrored a rise on Wall Street.
All three major U.S. stock indexes set record closing highson Monday. Small caps also advanced, pushing the Russell 2000index to a record high close, with the session markingthe first time all four indexes hit closing records on the sameday since Dec. 31, 1999.
The European Basic Resources index, which has nowdoubled from its January lows, was the best performing sectorindex. It was up 3 percent after prices of major industrialmetals such as copper and aluminum increased.
"I am fairly bullish on miners and banks and have an'overweight' recommendation on both the sectors. The focus ofmarkets has shifted to the expected increase in infrastructureand defense expenditure in the United States," ChristianStocker, strategist at UniCredit in Munich, said.
"As a result of such 'reflation expectations', long-termbond yields have been increasing and industrial metals have beenrallying. The reallocation that has started in these sectorswill continue."
Shares in Anglo American, BHP Billiton,Glencore, Rio Tinto and Antofagasta advanced 3.4 to 5.2 percent.
The STOXX Europe 600 Oil and Gas index was up 1.3percent, while European banks rose 1 percent.
European shares slumped in a knee-jerk reaction afterresults showed in early November that Trump had won the U.S.presidential election. However, the market rebounded the sameday and has gained 4.5 percent from an intra-day low on Nov. 9.
Equities were boosted by Trump's election promises toincrease investment in infrastructure projects and work on afiscal stimulus programme. However, the lack of policy detailshave prompted investors to stay cautious.
"Political uncertainty in the United States has diminishedsubstantially even though we do not know the shape of Trump'spolicies and government appointments yet," Lorne Baring,managing director of B Capital Wealth Management, said.
"The market is reacting to the better political environmentand, bar the Italian referendum which will probably be anothersource of concern, there is a sigh of relief that the year'sturbulent and somewhat surprising politics are behind us."
Italy's Prime Minister Matteo Renzi has said he could resignif he loses the Dec. 4 referendum on constitutional reforms.
Elsewhere, Rotork shares surged more than 11 percentafter the Valve maker said it expected its revenues comingtowards the top end of market expectations.
Genmab rose 3 percent after the company receivedU.S. approval for a drug, while Essilor shares, down6.8 percent, were poised for their worst day in eight yearsafter the firm cut its outlook.
(Editing by Andrew Heavens)