News

15 Jul 2025

European stocks rise, and the British FTSE exceeds 9,000 points for the first time

European stocks rose at the start of Tuesday's session, as investors awaited the release of economic data from the Eurozone, while assessing quarterly corporate earnings.

The Stoxx Europe 600 rose 0.15% to 547 points at 10:15 a.m. Mecca time, with a decline in energy stocks limiting the European index's gains.

The German DAX rose 0.15% to 24,197 points, and the French CAC 40 rose by almost the same amount to 7,819 points, while the British FTSE 100 remained stable at 8,999 points, after crossing the 9,000 mark for the first time ever.

Shares of Ericsson, listed on the Stockholm Stock Exchange, fell 4.2% after the Swedish company reported adjusted profits of 7 billion kroner ($730 million) in the second quarter, exceeding expectations, but sales were weaker than expected, at just over 56 billion kroner.

The results of the ZEW Institute's survey of investor confidence in Germany are due later today, and economists expect the index to exceed 50 points in the eurozone's largest economy, which is seen as a supportive scenario for the markets

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