Stock indices traded higher, supported by last week's further stimulus measures by the European Central Bank's (ECB). The central bank last Thursday cut its interest rate to 0.00% from 0.05% and deposit rate to -0.4% from -0.3%. The ECB also expanded its monthly purchases to €80 billion from €60 billion, to take effect in April. Purchases will include non-bank corporate debt. The central bank will launch further four targeted longer-term refinancing operations (LTRO).

Market participants also eyed the Eurozone's economic data. Eurostat released its industrial production data for the Eurozone on Monday. Industrial production in the Eurozone climbed 2.1% in January, exceeding expectations for a 1.7% increase, after a 0.5% fall in December.

Non-durable consumer goods output increased 2.4% in January, capital goods output climbed 3.9%, while energy output rose 2.4%.

On a yearly basis, Eurozone's industrial production rise 2.8% in January, exceeding expectations for a 1.4% rise, after a 0.1% decrease in December. December's figure was revised up from a 1.3% drop.

Durable consumer goods climbed by 3.2% in January from a year ago, capital goods rose by 4.6%, non-durable consumer goods gained by 7.3%, while intermediate goods output increased by 1.9%.

Energy output declined by 3.7% in January from a year ago.

Current figures:

Name Price Change Change %

FTSE 100 6,177.26 +37.47 +0.61 %

DAX 9,989.85 +158.72 +1.61 %

CAC 40 4,518.07 +25.28 +0.56 %