Turkish election uncertainty causes market fluctuations
European markets opened mixed on Monday as investors await the results of Turkey's presidential election. The Stoxx 600 index was up 0.3%, with banking stocks and travel and leisure up 0.7%, while oil and gas shed 0.7%. UBS predicts that European banking stocks will outperform automakers in the future, while Bank of America has named ten undervalued European stocks that could provide significant investment returns. Porsche is set to release earnings.