European Stocks Finish Higher on Recovery Signs

European stocks opened the week with a positive performance, closing higher on Monday, supported by an improved investors’ sentiment as regulators plan to ease restrictions on travel as the coronavirus become more contained in the continent.

Positive economic data and earnings reports also provided support to the market amid recovery signs.

The STOXX Europe 600 index rose by 0.58% to finish at the level of 439.92 points, with the tourism and leisure stocks rising by 0.2%.

Meanwhile, the French CAC40 and the German DAX both closed higher by 0.6%, while the Spanish IBEX 35 rose by 0.89%.