The European Index at the highest level thanks to strong business results economy

European stocks were closed at the highest level ever today, Thursday, led by the mining sector thanks to the results of business and strong expectations issued by companies, at a time when investors reside the risk of peace in Ukraine.

The European Stoxx 600 index rose 1.2%, with standard indicators in Germany, France, Italy and Spain increased by 1.5% for each of them.

The sub -index of the basic resources sector led the profits between the sectors by 4% after Arselor Mittal (the largest steel industry company) expected the demand for steel in 2025, which led to an increase of 13.3%.

The Swedish Mining Company Poliden advanced 13% against the backdrop of a greater increase in the basic profits for the last quarter of last year.

European company announced quarterly profits before tax deduction, which exceeded the market expectations, which led to a share of the largest copper producer in Europe, equivalent to 7.4%. High prices of minerals helped enhance the sector’s gains.

The main indicators in the closest geographical markets for Russia jumped, including the Austria index, which rose 3.4% and Poland, which rose 2.6%

And Finland is equivalent to 1.8%, after a report that stated that the preparations for a meeting between Russian President Vladimir Putin and US President Donald Trump reached a “advanced stage”, which raised expectations that an agreement to end the Ukrainian -Russian conflict that has been going on for nearly three years may be imminent.

European stocks outperformed their counterparts in Wall Street in the first six weeks of 2025 at a time when investors seek to take advantage of the low assessments of the region’s companies at the present time, in light of expectations of more motivational policies.

However, investors are awaiting developments on the possibility of customs duties on the European Union after the United States imposed 10% fees on all Chinese imports this week, prompting Beijing to respond with similar measures.

Among other companies, the share of the Danish Merck Shipping Company rose by 6.3% after its quarterly profits came higher than expectations.

Astrazzinica’s share increased 5.9% thanks to the announcement of sales expectations this year is higher than analysts.

Societe General shares offered 13.2% after the bank’s quarterly profits increased by more than twice.

American indicators

For its part, the main indicators in Wall Street have opened a slight rise today, Thursday, with investors’ evaluation of the results of the business of companies, including Haniole, and awaiting the next step for US President Donald Trump regarding commercial restrictions and other policies.

At the opening:

• The Dow Jones Industrial Index rose 75.9 points, or 0.17% to 44949.19 points.
• The “Standard & Poor’s 500” index (S&P 500) ascended 10.7 points or 0.18% to 6072.22 points.
• The Nasdaq Synod index offers 33.5 points, or 0.17% to 19725,827 points.

Japanese index

The Japanese Nikki index rose at the closure today, Thursday, pursuing the impact of last night’s gains in Wall Street, even with the height of the yen thanks to strong expectations that the Central Bank of Japan continues to raise interest rates.

• Nikki closed an increase of 0.6%, recording 39066.53 points
• The broader Topix index rose 0.3 percent to 2752.2 points.