Investor Confidence Boosts European Stocks

European stock markets experienced a positive close on Monday, buoyed by a significant improvement in investor confidence for February. This optimistic sentiment overshadowed concerns surrounding President Donald Trump's recent tariff announcements.

BP Plc. Shares on the Rise

Speculations about BP Plc. selling a stake to Elliot Investment Management L.P. led to a notable increase in its shares during the trading session.

Market Highlights

Frankfurt's DAX saw a 0.78% increase, with Siemens Healthineers climbing 2.03%. The Euro Stoxx 50 grew by 0.66%, thanks to Prosus NV's 2.97% gain. In Paris, the CAC 40 added 0.48%, with Edenred SA advancing 3.00%. Meanwhile, London's FTSE 100 rose 0.87%, propelled by BP Plc.'s 7.36% surge.

Currency Movements

On the currency front, the euro slightly declined by 0.16% against the dollar, trading at 1.03121, while the pound decreased by 0.17% versus the greenback, exchanging at 1.23871.