Weak start for European stocks

European stocks had a weak start this week, hovering around their lowest levels in more than two weeks.

The European Stoxx 600 index stabilized at 0713 GMT, today, Monday.

The German DAX index slightly outperformed broader European stocks, supported by a rise in the industrial sector after data showed an increase in industrial production more than expected in February, supported by the performance of the construction industry.

Zalando shares jumped 4.3 percent to the top of the Stoxx index after Citigroup raised the rating of the German online fashion company to “buy” from “neutral.”