European shares opened at a record high on Monday, driven by a surge in energy stocks and miners. The positive momentum in the market was fueled by rising oil prices and strong performances from mining companies.
The pan-European STOXX 600 index rose by 0.3%, hitting an all-time high of 469.39 points in early trading. The energy sector led the gains, with shares of oil companies rallying as crude prices climbed. This boost in energy stocks was supported by optimism surrounding global economic recovery and increasing demand for oil.