On Monday, European markets started generally higher because market sentiment was still upbeat and German coalition negotiations were braced for dominating traders’ attention.
The EURO STOXX 50 gained 0.19%, France’s CAC 40 tacked on 0.19%, Germany’s DAX 30 soared 0.36%.
German Chancellor Angela Merkel of Germany entered negotiations with an opposing party in a last-ditch attempt to create a coalition government after a long period of political uncertainty in the euro zone's number one economy.
Financial stocks showed mixed performance. French lenders BNP Paribas and also Societe Generale rallied respectively 0.42% and 0.12%. In Germany, Deutsche Bank and Commerzbank went down respectively 1.32% and 1.07%.
As for peripheral lenders, in Italy Intesa Sanpaolo lost 0.36%, Unicredit gained 0.12%. Spanish financial institutions BBVA as well as Banco Santander rallied respectively 0.12% and 0.19%.
FTSE 100 dived 0.15% in London.
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