European stocks turned green on Monday

On Monday, August 27, European stocks edged higher, as shares of telecommunications equipment makers and banks rose. The German DAX 30 Index gained 0.9 per cent to 7,031.48; the French CAC 40 Index jumped 0.6 per cent to 3,453.12, while the Spanish IBEX 35 Index soared 0.78 per cent to 7,367.30.