European stocks stabilized on Monday, supported by a recovery in the technology and mining sectors, after concerns over escalating trade tensions between the United States and China affected markets on Friday.

The Stoxx 600 European index rose 0.6 percent by 0719 GMT, following a 1.3 percent drop on Friday when US President Donald Trump threatened to impose 100 percent tariffs on Chinese imports, causing market turmoil.

While Asian stocks declined, European markets and Wall Street futures recovered, indicating improved outlooks after Trump appeared more conciliatory earlier in the week.

The French CAC 40 index rose 0.9 percent, recording the highest gains among major European stock markets, following the reappointment of Sebastian Lecornu as Prime Minister on Friday, just four days after his resignation.

AstraZeneca shares rose 0.7 percent after Trump unveiled a deal under which the UK-based pharmaceutical company will sell some medicines at discounted prices to the US government Medicaid program in exchange for tariff relief.

PSI Software shares jumped 37 percent, heading toward their highest levels since 2021, after Warburg Pincus private equity firm announced plans to buy the German software company for over 700 million euros ($813.26 million), confirming Reuters reports about the deal and offer price.

Exosense shares rose nearly 13 percent after Greek night vision systems manufacturer Thion International said it plans to buy a 9.8 percent stake in its French counterpart. Thion shares fell 4.6 percent.