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European stocks surge at open on French vote result

London - European stocks soared at the open on Monday as investors welcomed news that pro-European centrist Emmanuel Macron won the largest number of votes in the first round of France's presidential election.
The Paris CAC 40 index shot up 4.1% to 5 267.88 points.

Frankfurt's DAX 30 jumped 2.0% to 12 296.56 and London's FTSE 100 won 1.4% to 7 211.78.

Madrid's IBEX 35 index rallied 3.5% to 10 734.4 points at the start compared with Friday's close.

"Equities are supported in tandem with a stronger euro, which is enjoying its best daily gain in almost a year as it trades around the level it was last November," said Neil Wilson, senior market analyst at ETX Capital.

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