European markets surge higher after EU election results

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AFP, Paris :
European stock markets opened higher on Monday after EU Parliament elections presented few surprises and President Donald Trump made a positive statement on US-China trade talks.
Frankfurt’s DAX 30 index jumped 0.8 percent to 12,110.65 points, while the Paris CAC 40 gained 0.7 percent to 5,356.50 compared with closing levels on Friday.
Eurosceptic and populist parties failed to make significant gains in Germany in the European Parliament elections, according to results released on Sunday.
Marine Le Pen’s far-right National Rally finished top in France, but pro-EU President Emmanuel Macron’s centrist alliance was close behind.
“The catastrophe that some people predicted for Macron has not taken place and the RN has a significant score, but not a spectacular one,” analyst Zaki Laidi from the Cevipof political institute said.
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