European stock exchanges had a mixed performance on Monday, with increases in the mining sector, but declines in the defense industry, amid peace talks between the USA and Ukraine.

On Monday, European stock markets had a mixed performance, with the pan-European Stoxx 600 recording a modest gain of 0.11%. While the mining sector rose by about 1.2%, shares of companies in the defense industry fell, influenced by peace talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky. The British FTSE index closed down 0.04%, while the CAC 40 and DAX rose by 0.10%. Shares of defense companies, such as Leonardo and Rheinmetall, suffered losses, and the Stoxx Europe aerospace index fell by 1.53%. On the other hand, biotechnology company Abivax rose by 3.9%, and Fresnillo climbed by 1.5% in the mining sector. Precious metal prices fluctuated, with silver temporarily exceeding 80 dollars per ounce. In the oil sector, prices increased, with U.S. crude reaching 58.23 dollars per barrel.