European stocks up on EU election news Unlisted Video

LONDON (Reuters) - European shares rose on Monday as investors snapped up automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, and after European parliamentary elections saw pro-Europe parties cling to a majority. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 23, 2019. REUTERS/Staff The gains followed a stronger showing in Asian markets, where shares rose but remained near 4-month lows. The MSCI world equity index, which tracks shares in 47 countries, was ahead by 0.1%.