Paris (Reuters) – The main European scholarships are progressing on Monday at the start of the session on Monday, supported by the defense values ​​in an uncertain geopolitical context and before several economic indicators.

In Paris, the CAC 40 rises from 0.34% to 8,139.22 points around 8:05 a.m. GMT. The Dax in Frankfurt is strengthened by 1.02%, while the FTSE in London increased by 0.12%.

The pan -European FTSEUROFIRST 300 index takes 0.41%, the Eurostoxx 50 gains 0.29%and the Stoxx 600 grows by 0.33%.

The markets integrate the implications of the lively altercation in Washington between the Ukrainian president and his American counterpart Donald Trump, who pushed European leaders gathered on Sunday at the summit in London to undertake to increase their military budgets.

Germany, in particular, could devote more than 400 billion euros additional to its safety through a dedicated fund. The defense sector advances by 6%.

The final PMI indicators for February are also expected from Monday.

Figures for the manufacturing sector will be published from 08:45 GMT for France on Monday.

At the values, Valneva said on Friday that it had received a positive opinion for the extension of his vaccine against the chinkungunya and earns 6.7%.

(Written by Corentin Chappron, edited by Blandine Hénault)

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