European stocks rise at the open, as Fed results await

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Arabian Business Egypt – European shares opened Monday’s trading session higher, with the outcome of the Federal Reserve and the European Central Bank meeting expected later this week.

And at 7:05 am GMT: 9:05 am Cairo time, the “Stoxx Europe 600” index rose by 1.7%, at 335 points, and the French “CAC” index rose by 1.8%, at the level of 4470 points, and the index rose The British “FTSE 100” increased by 1.6%, at the level of 5843 points, and the German “DAX” index grew by 2.3%, at the level of 10574 points.

The shares of “Deutsche Bank” rose by 5.3% after the German bank announced that revenue and net income exceeded the expectations of analysts during the first three months of the year.







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