European stock markets optimistic amid deconfinement measures
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    European stock markets optimistic amid deconfinement measures

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    The Paris, Frankfurt and London stock exchanges were up sharply on Monday morning as containment measures loosen across Europe and oil prices rise.

    The Paris stock market started at +1.95%, with the CAC 40 index gaining 83.4 points to 4,361.03 at 09:00. On Friday, it finished on a slight jump of 0.11% to 4,277.63 points.

    The Frankfurt Stock Exchange also opened higher on Monday, with the Dax gaining 2.30%.

    The London Stock Exchange’s FTSE-100 index rose 1.93% to 5,911.65 points around 7:45 AM GMT (9:45 AM Belgian time).

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    The price of crude oil also rose sharply on Monday. The price of a barrel of American WTI crude rose by 5.61% to $31.08 (approximately €28.76) around 8:35 AM Belgian time, while the price of a barrel of North Sea Brent crude rose by 4.06% to $33.82 (approximately €31.30).

    The Brussels Times