A trader works at CMC Markets in London
The main European stock markets progressed at the start of the session on Monday despite political uncertainty in Germany.
In Paris, the CAC 40 rose 0.75% to 7,393.38 points around 08:01 GMT. The Dax in Frankfurt strengthened by 0.92%, while the FTSE in London advanced by 0.68%.
The pan-European FTSEurofirst 300 index gained 0.85%, the EuroStoxx 50 gained 0.77% and the Stoxx 600 grew by 0.81%.
European markets are rebounding after declining the previous week following the victory of Donald Trump, the new president of the United States.
In Germany, Chancellor Olaf Scholz said on Sunday he was ready for a vote of confidence by Christmas after the breakdown of the government coalition, in order to organize early legislative elections more quickly.
The absence of a government with a majority in Berlin could prove problematic in the coming months, particularly if Donald Trump, the newly elected US president, begins to implement tariff measures targeting Europe.
The publication of new activity indicators this week, including unemployment and industrial production for the euro zone, will help to liven up trade.
In terms of values, Continental gained 8.5% after reporting on Monday a quarterly operating profit higher than expectations.
(Written by Corentin Chappron, edited by Kate Entringer)
