UPDATE 1-European stocks rise on oil gains, French utility plays – Reuters

UPDATE 1-European stocks rise on oil gains, French utility plays – Reuters

(Reuters) – European stocks rose on Monday as oil and gas heavyweights were supported by rising crude prices and merger talks in major French utilities saw the sector outperform regional peers.

The DAX chart of the German Stock Price Index is presented on the Stock Exchange in Frankfurt, Germany on August 6, 2020. REUTERS / Staff

The pan-European STOXX 600 index rose 0.5%, adding to the…

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