European stock indices experienced significant increases during trading on Thursday, with the Euro Stoxx 600 index reaching its highest level ever today, amid the release of a range of corporate earnings and support from the German elections.
The stocks in the mining, food and beverage, and healthcare sectors were among those that achieved the biggest gains in Europe, with shares of the alcoholic beverages company AB INbev being one of the biggest winners on the Euro Stoxx 600, rising by 7.2% after better-than-expected sales.
Among the factors that helped support the European stock index overall was a minerals deal between the United States and Ukraine, alongside the continued broad positive momentum following the German elections, which helped medium-sized German companies focused on the domestic market to reach their highest levels since August.
In terms of trading, the main European stock indices performed as follows today:
The overall European stock index, Euro Stoxx 600, rose by 0.78% to record 558.42 points. The French CAC 40 index increased by 1.01%, reaching 8,132.76 points. The German DAX index soared by 1.23% to reach 22,684.71 points. The British FTSE 100 index advanced by 0.55% to 8,716.38 points. The Italian FTSE MIB index rose by 0.83% to record 39,040.35 points. The Spanish IBEX 35 index increased by 0.78% to reach 13,219.20 points.
