European stocks open higher in the wake of EU elections; Fiat Chrysler shares up 16%

Monday, 27 May 2019 15:44 WIB

saham-saham eropaIndeks Stoxx Europe 600


European shares began Monday's session in positive territory, as an EU Parliament election showed Europhile parties still performing reasonably well despite a rise in support for nationalists.

The pan-European STOXX 600 index was around 0.5% higher shortly after the opening bell, with all sectors and major bourses trading higher. Markets in the U.K. are closed on Monday due to a public holiday.

European investors will largely be focused on results of the EU parliamentary elections. Initial results suggested a strong showing for Liberal and Green parties, while euroskeptic groups in Britain and France holding the gains they saw in 2014.

Source: CNBC


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