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Europe: Stocks surge in early deals

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European stock markets rose sharply in initial trading on Monday, mirroring strong gains in Asia, largely thanks to optimism over future US-China trade talks.

[LONDON] European stock markets rose sharply in initial trading on Monday, mirroring strong gains in Asia, largely thanks to optimism over future US-China trade talks.

London's benchmark FTSE 100 index jumped 0.9 per cent to 7,494.40 points, compared with Friday's closing level.

In the eurozone, Frankfurt's DAX 30 soared 1.6 per cent to 12,594.35 points and the Paris CAC 40 rallied 1.0 per cent to 5,593.14.

AFP