The first trading day of the new week was marked by huge investment optimism in European stock markets. The pan-European stock index rose to an all-time high.
The STOXX 600 index added only 0.2 percent on Monday, but it still meant the highest closing level in its history. During the day, he got over 460 points for a short time. European stocks in particular have been helped by energy stocks. Their sub-index strengthened by two percent as it responded to the rise in oil prices to a two-year high.
The individual European stock exchanges also strengthened significantly. The Frankfurt DAX index rose to its highest level, approaching 15,800 points at almost six points. The London Stock Exchange closed at its highest level since February this year.
In addition to growing optimism stemming from expectations of a continuing economic recovery, European equities were also helped by the unchanged monetary policy of the European Central Bank. Investors will now watch the meeting of the US Federal Reserve System, which is also expected to confirm the established monetary policy trend.
