Ankara: European stocks closed the first trading day of the week with gains, except for the UK: European stocks concluded Monday on a positive note, with notable increases in major indices, while the UK market diverged from this trend.

According to Anadolu Agency, the pan-European Stoxx 600 index rose by 0.44%, or 2.37 points, closing at 543.5. Germany's DAX 40 index saw a significant increase of 1.2%, ending the day at 24,073.67. Meanwhile, France's CAC 40 index climbed 0.35% to 7,723.47, and Italy's FTSE MIB index gained 0.74%, closing at 39,914.25 points. However, Britain's FTSE 100 index fell 0.19% to 8,806.53 points, marking a divergence from the broader European trend.

Investors remain focused on potential trade developments from the US, as the July 9 tariff deadline approaches. Earlier, an EU spokesperson indicated that European Commission President Ursula von der Leyen had a constructive exchange with US President Donald Trump. This call is part of the EU's efforts to secure a transatlantic trade agreement before the looming deadline. EU spokesperson Stefan de Keersmaecker noted that President von der Leyen continues to engage with EU leaders on this matter.

In corporate news, UK-based energy company Shell reported a 2.3% decline in its shares following a profit warning for the second quarter, attributed to challenges in the gas trade and chemical business. Additionally, German automaker Mercedes-Benz Group experienced a 9% drop in second-quarter sales compared to the same period last year, impacted by global tariff policies.

On the economic front, Germany's industrial production figures offered some positive news, with a 1.2% increase on a monthly basis and a 1% annual rise in May, defying market expectations of declines.