European stock markets end Monday higher

Stoxx 600 up 0.52%, Germany's DAX rises 0.89%, UK's FTSE increases 0.14%, France's CAC climbs 0.78%

By Mucahithan Avcioglu

ISTANBUL (AA) - European stock markets closed the first trading day of the week with gains.

The pan-European Stoxx 600 index increased 0.52%, or 2.83 points, to close the day at 552.04.

Germany's DAX 40 index was up 0.89% to end at 23,807.13 points, and the UK's FTSE 100 gained 0.14% to end at 9,221.44 points.

France's CAC 40 rose 0.78% to 7,734.84, and Italy's FTSE MIB index added 0.28% to close at 41,723.69 points.

Spain's IBEX 35 index was up 1.02% to end the midweek at 15,002.2 points.

The investors focused on the vote of confidence in the French parliament.

French Prime Minister Francois Bayrou announced that he would lead the government to a vote of confidence ahead of the 2026 budget, which envisions approximately €43 billion (approximately $50.5 billion) in public spending savings and includes the elimination of some public holidays.

The euro/dollar parity was up 0.18% to 1.1740 as of 1638GMT.

Kaynak:

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