European stock indices closed mixed on Monday, with anticipation for the German election results. Preliminary results showed that the conservative Christian Democratic Union party and its ally, the Christian Social Union, secured the largest share of votes in the election held on Sunday. Friedrich Merz, the coalition's candidate, is set to take over as Chancellor of Germany, succeeding Olaf Scholz.
In terms of trading, the performance of the main European stock indices at the close of today's session was as follows:
The Euro Stoxx 600 index fell by 0.08% to register 553.39 points. The French CAC 40 index dropped by 0.78% to 8,090.99 points. The German DAX index rose by 0.62% to reach 22,425.93 points. The British FTSE 100 index remained stable at 8,735.98 points. The Italian FTSE MIB index increased by 0.13% to 38,472.56 points. The Spanish IBEX 35 index climbed by 0.47% to register 13,012.90 points.
