"European Stocks" European stocks rose in early trading, with the pan-European index up over 2%, driven by gains in the aviation, financial, and resource sectors

AASTOCKS
2026.04.01 08:48

U.S. President Trump and Iranian President Ebrahim Raisi have both expressed a willingness to end hostilities, leading to a rise in global stock markets, with European stocks following suit. The final manufacturing PMI for March in Germany, Italy, and the Eurozone all exceeded market expectations.

The pan-European STOXX 600 index rose by 12.46 points or 2.1%, closing at 595.6 points; the UK FTSE 100 index increased by 164 points or 1.6%, closing at 10,340 points; the French CAC 40 index rose by 155 points or 2%, closing at 7,971 points; the German DAX index climbed by 500 points or 2.2%, closing at 23,180 points; the Spanish IBEX 35 index increased by 496 points or 2.9%, closing at 17,546 points; and the Italian FTSE MIB index rose by 1,292 points or 2.9%, closing at 45,601 points.

In terms of individual stocks, airline stocks Air France-KLM and Lufthansa rose by 7.8% and 6.1%, respectively, while British Airways parent company IAG increased by 5.5%. Aircraft engine manufacturer Rolls-Royce rose by 6.5%. In the financial sector, Société Générale and UniCredit both rose by 6%, while Deutsche Bank and Banco Santander each increased by 5%. Resource stocks Antofagasta and Anglo American rose by 6.2% and 5.3%, respectively.

In U.S. stock futures, the Dow futures rose by 186 points or 0.4%, reaching 46,768 points; S&P 500 futures increased by 26 points or 0.4%, reaching 6,597 points; and Nasdaq 100 futures rose by 151 points or 0.6%, reaching 24,066 points.

In the Asia-Pacific stock markets, the Shanghai and Shenzhen stock markets rose by 1.5% and 1.7%, respectively, while the Hong Kong stock market increased by 2%. The Taiwan and Japanese stock markets rose by 4.6% and 5.2%, respectively, while the South Korean stock market increased by 8.4%. The Australian stock market rose by 2.2%, and the New Zealand stock market fell by 0.7%. The latest figures show that the Indian and Singaporean stock markets each rose by 1.7%. The Indonesian and Thai stock markets rose by 1.7% and 1.2%, respectively