European markets opened the week on a strong note, with firm commodity prices fueling energy and mining shares. Positive cues from the global markets also helped underpin sentiment.
The UK's FTSE 100 Index advanced 94.09 points or 1.7% to 5602.54, its highest closing level since April. The German DAX Index added 84.82 points or 1.4% to 6294.58; and the French CAC 40 gathered 65.99 points or 1.8% to 3788.01.
In the US, the Dow, the S&P 500 and the Nasdaq are up around 1% each.
December gold was up $2.40 at $1279.90 an ounce, after touching a fresh intraday record high above $1285. Crude oil for October delivery on the New York Mercantile Exchange added $1.26 to $74.92 a barrel.
In economic news, UK house prices fell 1.1% month-on-month in the four weeks to September 11, according to property website Rightmove. This follows a 1.7% decrease in the previous month, and marks the third straight monthly decline in asking prices for English and Welsh homes.
The Greek current account deficit narrowed by 11% year-on-year to EUR 1.48 billion in July, the Bank of Greece said on Monday.
The Dutch consumer confidence indicator dropped to minus 14 in September from minus 11 in the previous month, according to a report from the Central Bureau of Statistics.
In the US, a survey by the National Association of Home Builders revealed that home-builder confidence in the nation failed to pick up in September. The NAHB/Wells Fargo Housing Market Index came in at 13 in September, unchanged from the prior-month reading, while economists had expected the index to edge up to a reading of 14.
Shares of BP rose 2% in London. The oil giant said it permanently sealed its blown-out Macondo oil well in the Gulf of Mexico.
BG Group gathered 2.7%, Royal Dutch Shell added 2.3% and Tullow Oil gained 1.4%, while Cairn Energy edged down 0.4%.
Miners BHP Billiton, Xstrata and Antofagasta moved up 2.1% each. Lonmin added 1.9%.
Lloyds Banking Group gathered 2.7%. Royal Bank of Scotland and Investec gained 2.5% each. However, Standard Chartered eased 0.9%.
Insurer Aviva rose 2.8%, Old Mutual moved up 2.7% and RSA Insurance Group added 1.9%, while Resolution dropped 1.6%.
Cruise ship operator Carnival advanced 5%. Testing services firm Intertek and packaging company Rexam rose 3.7% each.
Consumer goods producer Unilever, publisher Reed Elsevier and building materials supplier Wolseley gathered over 3% each.
Meanwhile, Phoenix Group Holdings and utility Aggreko lost around 1.4% each. TUI Travel ended down 0.5%.
In Frankfurt, auto and chemical stocks led the gainers. BMW advanced 3.9%, MAN gathered 3.3%, Daimler moved up 2.1% and Volkswagen gained 1%.
Chemical firm K + S rose 4.3%, Bayer added 2.3% BASF gained 1.7%.
Deutsche Bank added 1.3% and Commerzbank ended up 0.9%.
Chip maker Infineon Technologies gathered 2.3% and electronics group Siemens added 2.1%.
Department store chain Metro and industrial gas producer Linde were the only DAX components to close in the red. Both eased around 0.3% each.
Among Paris-listed shares, telecom equipment maker Alcatel Lucent rose 5.1%.
Semiconductor firm STMicroelectronics gained 3.4% and IT services provider Cap Gemini ended up 2.2%. Oil producer Total gathered 2.8%.
Luxury goods maker LVMH advanced 3.4% and cosmetics manufacturer Loreal added 2.7%.
Car makers Peugeot and Renault gained 1.9% each.
Sanofi-Aventis ended up 1.1%. The drug-maker revealed positive study results for its Type 2 diabetes drug lixisenatide.
Lender Credit Agricole rose 3.8%. BNP Paribas added 1.4% and Societe Generale moved up 1%. Meanwhile, investment bank Natixis shed 1.4%.
ArcelorMittal was the only other loser among CAC 40 components. The steel producer gave in 0.5%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.