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FTSE 100 and FTSE 250 up 1% each

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Diageo ( DEO ) names new CEO, shares jump

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Miners rise as copper, gold prices gain

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IAG rebounds after Friday's slump

(For a Reuters live blog on U.S., UK and European stock

markets, click or type LIVE/ in a news window)

By Utkarsh Hathi

Nov 10 (Reuters) - UK's FTSE 100 touched a record

closing high on Monday as global stocks climbed on signs that a

historic U.S. government shutdown could be nearing its

end, while Diageo ( DEO ) surged after it appointed a former Tesco boss

as its CEO.

Shares of the world's largest spirits maker gained

5.2%, recording their biggest percentage gain in more than three

years, after the company appointed Dave Lewis as CEO, turning to

an outsider to revive growth during a challenging period.

"The stock is unloved after several years of disappointment

and the appointment of a highly respected CEO could be enough to

win over many investors," said Dan Coatsworth, head of markets,

AJ Bell. "However, Lewis knows he will ultimately be judged on

results, not hope."

Diageo's ( DEO ) shares were still hovering near decade-lows, having

lost about 27% of their value this year.

The blue-chip FTSE 100 added 1.1% to surpass last

week's peak, while the mid-cap FTSE 250 index climbed

0.9%.

Global shares rallied after the U.S. Senate moved forward on

a measure to end the federal shutdown that has taken a toll on

the U.S. economy while the Federal Reserve flies blind with

limited government reporting of economic data.

UK stocks recorded a weekly loss on Friday after a selloff

in high-flying U.S. tech stocks rippled through global markets

and the Bank of England held interest rates as expected.

However, a narrow vote and signs that Governor Andrew Bailey

might soon join those seeking a rate cut boosted prospect of a

move in December once the government's budget was unveiled.

Investors will keep an eye on third-quarter GDP data and

more corporate earnings this week.

UK's precious metal miners and industrial

metal miners climbed 5.1% and 1.4%, respectively,

as gold hit two-week high and copper prices climbed.

Among other stocks, British Airways parent IAG

gained 3.4%, having tumbled 11.6% on Friday after reporting weak

U.S. demand.

London-listed shares of RHI Magnesita jumped 16.9%

after the refractory products supplier reported robust profit

margins and reaffirmed its full-year forecast.