European Markets Mostly Up Amid Geopolitical Developments

On Monday, major European stock market indexes closed mostly higher as investors assessed the impact of recent geopolitical developments in the Middle East. The FTSE 100 rose by 0.56%, driven by a surge in Vistry Group PLC, which increased by 6.05%. The CAC 40 added 0.81%, and the Euro Stoxx 50 gained 0.15%, with LVMH Moet Hennessy Louis Vuitton SE increasing by 3.52% on both indexes.

Meanwhile, the DAX traded flat. The euro strengthened by 0.12% against the dollar, selling for 1.05792 at 5:29 pm CET. The pound sterling was 0.39% stronger against the dollar, selling for 1.27905 a minute later.