European stocks closed higher on Monday, despite fresh uncertainty as U.K. leader Boris Johnson was denied a parliamentary vote on his Brexit deal.
The pan-European Stoxx 600 traded 0.7% above the flatline in the afternoon, with basic resources and banks surging 2% while healthcare stocks struggled a touch, slipping 0.2%.
In the U.K.’s Parliament on Monday, Prime Minister Boris Johnson was prevented from holding a key vote on the Brexit withdrawal deal he recently agreed with Brussels. The motion for a vote was rejected by House Speaker John Bercow, who said it was not a parliamentary convention to ask politicians to debate the same questions repeatedly.
Source : CNBC