European stocks showed mixed performance during the first trading sessions of the week on Monday, with a strong rise in the German DAX 30 index, erasing previous session losses, amid market optimism regarding political stability.
In this context, the Christian Democratic Union/Christian Social Union (CDU/CSU) won the majority of votes in the German federal elections held yesterday, Sunday, with a share of 28.5%, paving the way for the formation of a coalition government with other parties, most notably the Alternative for Germany and the Greens.
The Euro Stoxx 600 index recorded an increase of about 0.26%, trading near 555.27 points. The performance of European stock indices was as follows:
The German DAX index rose by about 0.93% or approximately 208 points, to 22,494.21 points. The French CAC 40 index recorded a level of 8,146.41 points, with a decrease of 0.10%. The British FTSE 100 index rose by about 0.30%, trading near a level of 8,685.32 points. The Italian FTSE MIB index remained stable at a level of 38,524.81 points, up by about 0.27%.
