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8/23, 9:03 AM (Source: TeleTrader)
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Europe opens with gains prior to PMI data

Major European stock markets registered gains at the opening bell on Monday ahead of the release of August PMI data reports for Germany, the European Union as well as the United Kingdom. Later during the session, investors will also look for the preliminary consumer confidence data monthly released by the European Commission.

The DAX rose 0.73% at the open, as Daimler AG advanced by 1.56%. The FTSE 100 gained 0.79%, with Sainsbury PLC surging 5.09%. The CAC 40 increased by 1.00%. Kering SA led the table, soaring 2.68%. The euro gained 0.07% against the dollar to sell for 1.17086 at 8:52 am CET, while the pound rose 0.18% to $1.36481.

Breaking the News / ND