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French and German stocks rise after Hollande elected

A trades union banner outside the Paris stock exchange building in January calls for money to be spent on jobs and pay rather than the finance sector. Leading European stock markets closed higher on Monday despite the prospects for political and financial turmoil in Greece following general elections a day earlier. (AFP Photo/Miguel Medina)

Leading European stock markets closed higher on Monday despite the prospects for political and financial turmoil in Greece following general elections a day earlier. London markets were closed, but in Paris the CAC 40 index jumped by 1.65 percent to 3,214.22 points in moderately thin trading, while in Frankfurt the…

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