News

25 Jun 2025

European stocks rise as bond yields decline

European stock indices rose as sovereign bond yields in Germany, Italy, and the United Kingdom declined, supported by expectations of a continued ceasefire between Iran and Israel, despite a shaky start to the truce.

During Wednesday’s session, the Stoxx Europe 600 climbed 0.3% to 542 points as of 10:23 AM Mecca time. Gains were capped by declines in banking, utilities, and defense sector stocks.

The German DAX remained steady at 23,655 points, while the UK FTSE 100 added 0.25% to 8,783 points, and the French CAC 40 rose by 0.45% to 7,650 points.

The NATO summit in the Netherlands concludes today, with the 32 member states expected to issue a joint official statement to raise their defense spending target from 2% to 5% by 2035

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