Europe open: Stoxx hits fresh high as rally continues

(Sharecast News) - European shares continued their rally at the open on Monday with the Stoxx 600 hitting a fresh intra-day high. The benchmark index was up 0.09% to 653 at 0825 BST having hit 653.48 in early deals with all major bourses higher.

In equity news, shares in budget carrier easyJet surged after it accepted a sweetened £5.5bn offer from US firm Castlelake to take it private.

Reporting by Frank Prenesti for Sharecast.com