European Stocks Close at Two-week High

European stocks closed at their highest level in two weeks at the end of Monday’s trading.

The pan-European Stoxx 600 index ended trading up 0.48 percent, led by technology, defense and utilities stocks, which rose more than 1.2 percent each.

The French index was weaker than other major markets in Europe.

Shares of LVMH, Hermes, Kering and other French luxury goods companies affected by the Chinese market fell by rates ranging from 0.4 percent to 3.8 percent.

Source: Qatar News Agency