[Tue, 29 Apr 2025 21:46:59 +0300]

Brussels - Saba:

European stocks closed higher on Monday, driven by investor optimism about easing US-China trade tensions.

The pan-European STOXX 600 index gained 0.5%, marking its fifth consecutive gain for the first time since January.

The healthcare sector led the gains with a 1.3% rise, boosted by Novo Nordisk. The banking index also rose 1%. Britain's FTSE 100 gained slightly by 0.02%, extending its rise to an eleventh day, its best performance since late 2019.

France's CAC 40 rose 0.5%, and Germany's DAX rose 0.06%. Investors are awaiting inflation reports in Europe and the US, as well as the US jobs report due on Friday.

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