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<Europe> European Stocks Rise in Early Trading; Pan-European Index Gains Over 2% as Aviation, Financial, and Resource Stocks Climb
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US President Donald Trump and Iranian President Pezehiziang have both expressed a willingness to end hostilities, leading to a rise in global stock markets, with European stocks following suit in early trading. The final March manufacturing PMI for Germany, Italy, and the Eurozone all exceeded market expectations.

The pan-European STOXX 600 Index rose by 12.46 points or 2.1% to 595.6 points; the UK's FTSE 100 Index increased by 164 points or 1.6% to 10,340 points; France's CAC 40 Index climbed by 155 points or 2% to 7,971 points; Germany's DAX Index surged by 500 points or 2.2% to 23,180 points; Spain's IBEX 35 Index rose by 496 points or 2.9% to 17,546 points; Italy's FTSE MIB Index increased by 1,292 points or 2.9% to 45,601 points.

In terms of individual stocks, aviation stocks Air France-KLM and Lufthansa rose by 7.8% and 6.1%, respectively, while British Airways' parent company IAG rose by 5.5%. Aircraft engine manufacturer Rolls-Royce increased by 6.5%. In the financial sector, Soci彋?G幯廨ale and Italy's UniCredit each rose by 6%, while Commerzbank and Spain's Santander each rose by 5%. In the resources sector, Antofagasta and Anglo American rose by 6.2% and 5.3%, respectively.

Regarding US stock futures, DJIA futures rose by 186 points or 0.4% to 46,768 points; S&P 500 futures increased by 26 points or 0.4% to 6,597 points; Nasdaq 100 futures rose by 151 points or 0.6% to 24,066 points.

In the Asia-Pacific stock markets, the Shanghai and Shenzhen stock markets rose by 1.5% and 1.7%, respectively; Hong Kong stocks rose by 2%; Taiwan and Japanese stocks rose by 4.6% and 5.2%, respectively; South Korean stocks rose by 8.4%; Australian stocks rose by 2.2%; New Zealand stocks fell by 0.7%. Indian and Singaporean stock markets each rose by 1.7%. Indonesian and Thai stock markets rose by 1.7% and 1.2%, respectively. (fc/u)


This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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