European shares closed higher on Monday following a key speech by Mario Draghi, the president of the European Central Bank (ECB), which boosted hopes of further monetary steps to boost the economy.
The German benchmark DAX and the French CAC were sharply higher on Monday. The former closed up 1.8 percent at 9510.1 points—down by around 5.4 percent from an all-time high of 10,051.1 in late June, according to Reuters. The CAC ended provisionally higher by 2.1 percent.
The U.K.'s FTSE 100 was closed for a bank holiday.