--- title: "European Stocks: European stocks rise in early trading, German stocks hit a record high, BP PLC-Spons rises 3%" description: "European stock markets rose in early trading, with the German stock market hitting a record high. The pan-European STOXX 600 index increased by 0.4%, while the UK FTSE 100 index and the French CAC ind" type: "news" locale: "en" url: "https://longbridge.com/en/news/239521584.md" published_at: "2025-05-09T08:57:39.000Z" --- # European Stocks: European stocks rise in early trading, German stocks hit a record high, BP PLC-Spons rises 3% > European stock markets rose in early trading, with the German stock market hitting a record high. The pan-European STOXX 600 index increased by 0.4%, while the UK FTSE 100 index and the French CAC index rose by 0.4% and 0.6%, respectively. BP PLC-Spons shares increased by 3% as several oil companies assessed mergers and acquisitions. Deutsche Bank's quarterly net profit exceeded expectations, and its stock price rose by 0.9%. U.S. stock futures showed mixed performance, while Asia-Pacific stock markets experienced fluctuations European stock markets rose in early trading as the market digested the US-UK trade agreement and awaited US-China trade talks. The German stock market reached a new all-time high during the session. The pan-European STOXX 600 index rose by 2.26 points or 0.4% to 537.89 points; the UK FTSE 100 index rose by 36 points or 0.4% to 8,567 points; the French CAC index rose by 45 points or 0.6% to 7,739 points; the German DAX index rose by 133 points or 0.5% to 23,485 points, hitting an intraday high of 23,528 points; the Spanish IBEX 35 index rose by 44 points or 0.3% to 13,533 points; and the Italian FTSE MIB index rose by 298 points or 0.8% to 39,273 points. In individual stocks, reports indicated that several large oil companies were conducting financial assessments for a merger with BP PLC, which rose by 3%. Deutsche Bank's quarterly net profit rose by 12% to €834 million, exceeding expectations, with its stock price rising by 0.9%. Other stocks included Novo Nordisk and STMicroelectronics, which rose by 3% and 2.8%, respectively, while Allianz and Puma fell by 3%. In US stock futures, Dow futures fell by 45 points to 41,423 points; S&P 500 futures rose by 4 points to 5,688 points; and Nasdaq 100 futures rose by 43 points to 20,191 points. In the Asia-Pacific stock markets, the Shanghai and Shenzhen stock markets fell by 0.3% and 0.7%, respectively. The Hong Kong Hang Seng Index rose by 91 points or 0.4% to close at 22,867 points, with a turnover of HKD 161.6 billion. South Korean stocks fell by 0.1%, while Australian and New Zealand stocks rose by 0.5% and 1.1%, respectively. Japanese and Taiwanese stocks rose by 1.6% and 1.8%. The Indian Nifty 50 index fell by 290 points or 1.2% to 23,982 points. The Singapore Straits Times Index rose by 24 points or 0.6% to 3,872 points. Indonesian and Malaysian stock markets rose by 0.1% to 0.2%, the Philippine stock market rose by 1%, the Thai stock market rose by 0.8%, while the Vietnamese markets in Hanoi and Ho Chi Minh City fell by 0.5% and 0.2%, respectively ### Related Stocks - [BP.US - BP PLC-Spons](https://longbridge.com/en/quote/BP.US.md) - [STI.SG - FTSE Straits Times Index](https://longbridge.com/en/quote/STI.SG.md) - [STM.US - STMicroelectronics NV](https://longbridge.com/en/quote/STM.US.md) - [STMEF.US - STMicroelectronics N.V.](https://longbridge.com/en/quote/STMEF.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Is oil major BP finally back from the brink? | Pressure on boss Murray Auchincloss to deliver returns to investors may finally be easing after a recovery in the share | [Link](https://longbridge.com/en/news/263865094.md) | | Nymex Overview: Oil Set to Rise for Fourth Straight Day on Trade, Russian Sanctions — OPIS | Crude oil prices rose for the fourth consecutive day, driven by strained U.S.-Canada trade talks and new sanctions on Ru | [Link](https://longbridge.com/en/news/262671827.md) | | SolarEdge Technologies Q4 Earnings Report: What Investors Need to Know | SolarEdge Technologies (NASDAQ:SEDG) reported Q4 earnings on February 18, 2026, beating estimates by 64.1% with an EPS o | [Link](https://longbridge.com/en/news/276229789.md) | | Ingalls & Snyder LLC Sells 6,891 Shares of Oracle Corporation $ORCL | Ingalls & Snyder LLC reduced its stake in Oracle Corporation (NYSE:ORCL) by 12.9% in Q3, selling 6,891 shares, leaving t | [Link](https://longbridge.com/en/news/276218440.md) | | Western Digital to sell $3.17 billion stake in Sandisk | Feb 18 (Reuters) - Flash memory maker Sandiskon Wednesday said that Western Digitalwill sell a stake worth $3.17 billion | [Link](https://longbridge.com/en/news/276201046.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.