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Review: Energy stocks provide support for European shares

European shares stabilized in opening trades on Monday, helped by a rise in energy stocks boosted by growing tensions in the Middle East, while public holidays reduced activity.

The European STOXX 600 index fell 0.06% and the Britain's FTSE, which hit a new record high on Friday raised 0,07%.

Energy stocks served as a major impetus for the two indices STOXX and the FTSE, as oil prices rose after the Arab States sever diplomatic relations with Qatar, accusing it of supporting terrorism.

The German stock market and some European markets were closed for a religious holiday.



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