European stocks open the session with collective gains amid company profits.

European stock indices opened the session on Monday with collective gains across the continent, following the profits recorded by the indices on Wall Street at the end of last week due to the victory of former U.S. President Donald Trump in the American elections, amid the release of some companies' earnings results.

In terms of trading performance, European stocks opened as follows:

• The Euro Stoxx 600 index rose by 0.88% to reach 511.28 points.
• The German DAX index increased by 1.07% recording 19,421.56 points.
• The French CAC 40 index opened up by about 0.95% despite the holiday being observed in the country today.
• The British FTSE 100 index rose by 0.67% at the beginning of the session to 8,126.35 points.
• The Italian FTSE MIB index increased by about 1.01% reaching 34,156.79 points.

The share of the German automobile supplier Continental rose by more than 7% during the early morning trading, reaching the top of the DAX index after announcing that third-quarter profits exceeded expectations. Meanwhile, the shares of the Danish shipping giant Maersk fell by about 2% shortly after the opening bell.