European stocks were broadly higher as markets monitored a new round of clashes between the US and Iran, while the UK market retreated after reopening following a long weekend.The pan-European STOXX 600 index rose 3.16 pts, or 0.52%, to 608.67. The UK FTSE 100 index fell 77 pts, or 0.7%, to 10,286. France's CAC 40 index gained 46 pts, or 0.6%, to 8,022. Germany's DAX index climbed 225 pts, or 0.9%, to 24,216. Spain's IBEX 35 index rose 186 pts, or 1.1%, to 17,542. Italy's FTSE MIB index advanced 706 pts, or 1.5%, to 48,185.Related News BofAS: HSBC HOLDINGS (00005.HK) and STANCHART (02888.HK) Investor Seminar to Be Positive Catalyst; Continues to Prefer HSBC HOLDINGSIn individual stocks, UK telecom operator Vodafone will acquire the remaining stake in the VodafoneThree joint venture from CKH HOLDINGS (00001.HK) +0.350 (+0.484%) Short selling $83.86M; Ratio 14.326% for USD5.8 billion. Vodafone shares slipped 0.3%. Italy's UniCredit reported quarterly net profit rose 16% YoY to EUR3.2 billion, above market expectations of EUR2.8 billion. The bank raised its full-year net profit guidance to at least EUR11 billion, sending its shares up 3.4%. Germany's defense contractor Rheinmetall posted a 7.7% YoY increase in quarterly revenue, missing market forecasts, but its shares still rose 2.8%. HSBC HOLDINGS (00005.HK) +2.500 (+1.804%) Short selling $373.33M; Ratio 22.880% fell 5.8% in London trading.In US stock futures, DJIA futures rose 124 pts, or 0.3%, to 49,088. S&P 500 futures gained 23 pts, or 0.3%, to 7,228. Nasdaq 100 futures advanced 145 pts, or 0.5%, to 27,921.In Asia-Pacific markets, mainland China, Japan and South Korea markets were closed for holidays. Hong Kong stocks fell 0.8%, Taiwan stocks rose 0.2% to a record high, while Australia and N Zealand markets declined 0.2% and 0.5%, respectively. India and Singapore markets were last down 0.3% and 0.4%. (fc/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)Related News Citi: CKH HOLDINGS (00001.HK) Sale of UK Telecom JV Stake Is Value-Accretive, Raises TP to HKD81.5
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