European stocks climbed to a two-week high. Thanks to China and mining titles

Stock markets in Europe entered the new trading week with timid growth. The stock exchanges in London and Frankfurt have improved the most. Milan, on the other hand, was losing significantly; Paris or Madrid also found themselves in the red.

Stoxx 600 is extending its gains

The pan-European Stoxx 600 stock index firmed 0.52 percent at the start of the last week of June this year, climbed to its highest level in the past two weeks. European stocks strengthened mainly on a report on the easing of anti-epidemic measures in China, which contributed strongly to positive sentiment on the rust. The mining segment, which rose 1.8 per cent, was also firming significantly. Thus, the Stoxx 600 index followed up on Friday trading, extending its gains.

The Milan bourse recorded the biggest loss

The London Stock Exchange also grew significantly, with the FTSE 100 index adding 0.69 per cent. The Frankfurt DAX index also scored more than half a percent. Conversely, Paris, Milan and Madrid headed in the opposite direction when the Milan bourse recorded the biggest loss, at 0.86 percent.

European stocks partly exported on a wave of optimism that came from Asia. The most important stock exchanges there firmed by 0.88 (Shanghai) to 2.35 percent (Hong Kong).

author avatar
EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Gulf Brokers Ltd. Review

Comparing spreads, commissions, trading platforms, rules and reading dozens...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

US stocks fell due to escalating conflict in the Middle East

U.S. stocks weakened today, led by technology companies. Market...

TSMC reports record quarterly revenue thanks to artificial intelligence boom

Taiwanese company Taiwan Semiconductor Manufacturing (TSMC), the world's largest...

Gold You Can Send in Seconds: Solonix.one Opens Regulated XAUT Custody

Physical gold has spent five thousand years being reliable...

Is the Amex Gold Card Worth It in 2026? Premium Cards Compared After Fee Hikes

The premium credit card market has changed quickly. Annual...
spot_img

spot_imgspot_img