European stocks mostly climbed on Monday, recovering from pre-weekend losses though traders were keeping a wary eye on the risks for China’s property sector, which sent Asian markets into the red.
Developer Country Garden missed bond payments and warned of multibillion-dollar losses, deepening concerns over China’s heavily indebted real estate sector and the potential fallout on the world’s second-largest economy.
Frankfurt and Paris were up in early exchanges, though London was trading lower.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.