European markets edged higher on Monday as investors awaited a pivotal confidence vote in France, with Prime Minister François Bayrou expected to face defeat.
Despite the Sentix survey showing eurozone investor sentiment falling sharply in September to its lowest point since April—dropping to -9.2 from -3.7 in August—markets remained relatively steady.
In Germany, industrial output rebounded in July, rising 1.3% month-on-month after a 0.1% decline in June, led by a 9.5% surge in machinery and equipment manufacturing, according to Destatis. However, the country’s trade surplus narrowed as exports fell 0.6% in July, reversing a 1.1% gain in June, while imports edged down 0.1% after a 4.1% increase.
On the stock front, the French CAC 40 gained 0.5%, Germany’s DAX added 0.4%, and the U.K.’s FTSE 100 rose 0.2%.
Corporate movers included Swedish medical technology firm Elekta AB (BIT:1EKTA), which climbed following the appointment of a new CFO. U.K. homebuilder Vistry (LSE:VTY) rallied after partnering with Homes England to speed up large-scale housing developments. In contrast, British insurer Phoenix Group Holdings (LSE:PHNX) dropped after releasing its interim results for H1 2025.
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