European Shares Rise In Cautious Trade

WIG increased to an all-time high of 114457.00 Index Points.

Over the past 4 weeks, Warsaw Stock Exchange WIG Total Return Index gained 3.33%, and in the last 12 months, it increased 39.96%.

Vilnius increased to an all-time high of 1309.00 Index Points.

Over the past 4 weeks, Lithuania Stock Market Index (Vilnius) gained 2.55%, and in the last 12 months, it increased 22.98%.

Vilnius increased to an all-time high of 1309.00 Index Points.

Over the past 4 weeks, Lithuania Stock Market Index (Vilnius) gained 2.55%, and in the last 12 months, it increased 22.98%.

The CAC 40 rose 0.6% to around 8,120 points on Monday, bouncing back from modest losses in the previous session, as investors returned to risk assets after a somewhat gloomy finish to last week.

Luxury stocks led the gains, with Kering up 2.7%, Hermès +1.5%, and LVMH +0.8%.

Industrial, energy, and infrastructure shares also performed steadily, including Schneider Electric (+1.5%), Saint-Gobain (+1.3%), and TotalEnergies (+0.8%).

On the downside, Sanofi fell nearly 5% amid expectations that the US FDA would delay its decision on the multiple sclerosis drug tolebrutinib.

Orange declined 1.0% following the announcement that it will fully acquire MasOrange in Spain for €4.25 billion, with the deal expected to close in the first half of 2026, pending regulatory approvals.

Additionally, defense stock Thales slipped 0.3% after Ukrainian President Volodymyr Zelensky signaled a willingness to abandon aspirations to join NATO.

FKLCI increased to 1644.00 Index Points, the highest since October 2024.

Over the past 4 weeks, FTSE Bursa Malaysia KLCI Index gained 0.96%, and in the last 12 months, it increased 2.25%.

The FTSE MIB rose 0.8% to around 43,860 in early trading on Monday, reaching its highest level in a month.

Shares of Juventus surged nearly 10% after the Agnelli family’s holding company Exor rejected a takeover proposal from crypto group Tether over the weekend.

Early gainers included Prysmian (+1.9%), Unipol Gruppo (+1.8%), Buzzi Unicem (+2.7%), and BPER Banca (+1.6%).

Meanwhile, Leonardo shares fell 1.2% as investors awaited the outcome of Ukraine peace talks being held in Berlin.

On the global front, US data on employment and inflation will be closely watched as traders assess the timing and scope of potential interest rate cuts by the Federal Reserve.