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The pan-European Stoxx 600 was up 0.5%, with almost all sectors in positive territory. Core resources posted the best performance, up more than 1%, as the sector is sensitive to news on global trade developments. On Sunday, the Wall Street Journal announced that Beijing was proposing to cut tariffs on several US products, such as automotive and agricultural products, with the goal of reaching an agreement with Washington.
In terms of equities, Daily Mail and General Trust shares climbed to the top of the index, up more than 4%. This announcement followed the announcement that the company is expected to return 896 million pounds sterling ($ 1.19 billion) to its shareholders.
The UK multinational Rotork fell to the bottom of the benchmark, down more than 6%, after the company's presentation of the 2018 annual results, whose sales were below expectations.
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