European stocks rise Monday

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European stocks increased Monday, as the Stoxx Europe 600 index SXXP, +0.23% closed up 0.23% to 450.20.

Shares of banking/credit firm Powszechna Kasa Oszczednosci Bank Polski S.A. PKO, +11.25% and technology company Sinch AB SINCH, +8.96% rose 11.3% and 9.0%, respectively. Shares of telephone systems firm Telecom Italia S.p.A. TIT, -6.23% and retail company Ocado Group PLC OCDO, -5.80% fell 6.2% and 5.8%, respectively.

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