European Stock Markets Climb
(MENAFN) European equities wrapped up the second trading session of the week on a strong note, buoyed by diplomatic discussions in Washington involving Ukraine's president and top European officials alongside US President Donald Trump.
The broad-based Stoxx 600 index for Europe advanced by 0.69%, marking a gain of 3.8 points to conclude at 557.81.
Germany’s benchmark DAX 40 moved up by 0.45%, settling at 24,423.07, while the UK’s FTSE 100 posted a 0.34% increase, closing at 9,189.22.
France’s CAC 40 outpaced other major indices, climbing 1.21% to finish the day at 7,979.08.
Meanwhile, Italy’s FTSE MIB 30 rose by 0.89% to reach 43,021.22, and Spain’s IBEX 35 improved by 0.34% to end at 15,303.8.
Market participants across Europe reacted favorably to the diplomatic gathering that took place Monday in Washington.
The summit featured US President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and multiple European heads of state.
During the discussions, leaders explored potential "security guarantees for Ukraine" and examined alternative approaches to "end the Ukraine war."
President Trump revealed that his government had started arranging a direct meeting between Russian President Vladimir Putin and Zelenskyy, with plans for a follow-up "trilateral summit" involving all three leaders.
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