European stock indexes edged higher in a quiet morning trading session.

European stock indices rose cautiously in early trading, with investors remaining cautious about the volatile oil prices. The UK's FTSE 100 index in London edged up by 0.05%, with gains in housebuilding stocks but declines in consumer-demand-sensitive stocks. The French CAC 40 index remained flat, with gains in luxury and technology stocks offset by declines in energy and materials stocks, with steel manufacturer ArcelorMittal falling by 1.4%. Luxury stocks also boosted the Italian FTSE MIB index, which rose by 0.1%, with Brunello Cucinelli surging by 5.4% after releasing performance updates. Germany's DAX index, focused on industrial stocks, also remained flat, with Infineon rising by 1.1% and leading the index. German utility stocks declined, while German commercial banks edged down by 0.8%. The Spanish IBEX 35 index remained flat, with declines in energy stocks but gains in banking stocks.