June 17 - European shares closed marginally higher on Monday, with banks and technology stocks rebounding from losses last week after markets were startled by political uncertainty in France, while Danish insurer Topdanmark surged on Sampo's buyout bid.
"There is still little firm information about voting intentions and party/coalition platforms," strategists at Societe Generale said in a note. On the flipside, healthcare , opens new tab led sectoral declines, falling almost 1%, while miners , opens new tab shed 0.7%, as most metals prices slipped after data showed top consumer China's industrial output was weaker than expected in May.
Meanwhile, Wall Street bank Citi's global equity strategists cut European equities to"neutral" from"overweight", citing increased political risks after France's decision to call a snap parliamentary election.
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