European stocks rose after 4 days of losses

European stocks rose at the end of trading on Monday, ending a four-day losing streak, with the rise of energy and mining stocks and the rise in global commodity prices, while the Danish pharmaceutical company (Novo Nordisk) led the gains in the healthcare sector.

The European Stoxx 600 index closed up 0.1 percent, after rising 0.9 percent during the day’s trading. It had closed at its lowest level in six weeks on Friday.

Energy stocks rose 0.6 percent and mining 0.4 percent, tracking the impact of crude oil and metals prices.

The health care index in Europe rose 0.3 percent, supported by a 0.8 percent rise in Novo Nordisk after Morgan Stanley raised its price target for the drugmaker.

Real estate stocks fell 2 percent, leading the decline among sectoral indices.

Germany’s DAX rose 0.2 percent, even after official data showed a larger-than-expected decline in German producer prices in July.

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