<p>歐洲股市週四上漲超過 1%，創下超過一年來的最大月度漲幅，投資者因企業盈利好於預期以及對美以戰爭解決的希望而感到寬慰。</p>
<p>泛歐斯托克 600 指數收盤上漲 1.4%，報 611.28 點，結束了連續四天的下跌。地區股市也普遍上漲；德國 DAX 和英國 FTSE 均上漲超過 1.4%。</p>
<p>斯托克指數從上個月的急劇下跌中反彈，四月份錄得 4.8% 的漲幅——這是自 2025 年 1 月以來的最佳月度表現。然而，該指數仍低於戰爭前的水平。</p>
<p>“市場目前確實在努力消化所有信息，並相應調整定價，” 晨星首席歐洲股票策略師邁克爾·菲爾德表示。</p>
<p>對沖突即將結束的希望在本月早些時候曾提振市場，但談判已陷入僵局，原油價格交易在 100 美元以上。</p>
<p>在這種背景下，歐洲中央銀行維持利率不變，但表示對通脹上升的擔憂，促使市場押注今年將多次加息 25 個基點，預計首次加息將在 6 月進行。</p>
<h3>在新的全球秩序中駕馭亞洲</h3>
<p>獲取洞察，直接送達您的郵箱。</p>
<p>“如果你看看我們目前在能源市場的交易情況，市場現在基本上接近歐洲央行的不利情景……在短期到中期內，歐洲央行更有可能採取某種形式的行動，” 荷蘭銀行宏觀策略負責人埃爾温·德·格魯特表示。</p>
<p>當天，工業和醫療保健股推動指數上漲，分別上漲 1.7% 和 2.2%。公用事業板塊上漲 2.1%。</p>
<p><strong>企業盈利提升市場情緒</strong></p>
<p>另見</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5b483c295f0f8193e9fa8f4b8e13e0e944fe86465add494209e366bd3b8c2dd1/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5b483c295f0f8193e9fa8f4b8e13e0e944fe86465add494209e366bd3b8c2dd1/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>標普 500 和納斯達克開盤上漲，盈利樂觀情緒掩蓋中東困境</h3>
<p>好於預期的企業業績也提振了市場情緒，數據顯示，指數中公司的第一季度盈利預計將增長 6.9%，高於本月早些時候預測的 2.8% 的增長。然而，投資者將密切關注衝突對預測的影響。</p>
<p>勞斯萊斯股價飆升 7.6%，因該英國工程公司表示將維持其盈利前景，幫助國防指數上漲 2.6%。</p>
<p>重量級製藥公司阿斯利康和諾和諾德分別上漲 1.9% 和 6.5%。</p>
<p>歐元區銀行指數削減早期損失，微跌 0.1%，因法國銀行報告交易結果疲軟。法國巴黎銀行、法興銀行和法國農業信貸銀行分別下跌 1.4%、3.6% 和 3.7%。</p>
<p>環球音樂集團股價暴跌 8.1%，因其報告第一季度收入下降，受到美元走弱的影響，並表示將出售其在 Spotify 的半數股權。媒體指數下跌 2.1%。</p>
<p>德國運動服裝製造商 Puma 股價上漲 5.3%，因其報告第一季度銷售和營業利潤超出預期。路透社</p>
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羅爾斯·羅伊斯(ADR)

<p>歐洲股市在週四上漲超過 1%，創下超過一年來的最大月度漲幅，主要受到企業盈利好於預期和對美國與以色列衝突解決的希望推動。泛歐斯托克 600 指數收盤上漲 1.4%，四月份上漲 4.8%，為 2025 年 1 月以來最佳表現。儘管如此，該指數仍低於戰爭前水平。歐洲中央銀行維持利率不變，但表示由於通脹上升可能會加息。值得注意的企業表現包括羅爾斯·羅伊斯和彪馬，而環球音樂集團在報告收入下降後面臨下滑</p>

<p>EUROPEAN shares jumped more than 1 per cent on Thursday and marked their biggest monthly gain in over a year, as investors were relieved by better-than-expected corporate earnings and hopes of a resolution to the US-Israeli war on Iran.</p>
<div class="lb-trans"><p>歐洲股市週四上漲超過 1%，創下超過一年來的最大月度漲幅，投資者因企業盈利好於預期以及對美以戰爭解決的希望而感到寬慰。</p>
</div><p>The pan-European Stoxx 600 closed 1.4 per cent higher at 611.28 points, snapping a four-day losing streak. Regional bourses also moved higher; Germany’s DAX and UK’s FTSE rose more than 1.4 per cent each.</p>
<div class="lb-trans"><p>泛歐斯托克 600 指數收盤上漲 1.4%，報 611.28 點，結束了連續四天的下跌。地區股市也普遍上漲；德國 DAX 和英國 FTSE 均上漲超過 1.4%。</p>
</div><p>The Stoxx index rebounded from sharp declines in the previous month, logging a 4.8 per cent gain in April — its best monthly showing since January 2025. However, the index is still trading below pre-war levels.</p>
<div class="lb-trans"><p>斯托克指數從上個月的急劇下跌中反彈，四月份錄得 4.8% 的漲幅——這是自 2025 年 1 月以來的最佳月度表現。然而，該指數仍低於戰爭前的水平。</p>
</div><p>“The market is really struggling to take in all the information that it’s been given at the moment and adjust the pricing accordingly,” said Michael Field, chief European equity strategist at Morningstar.</p>
<div class="lb-trans"><p>“市場目前確實在努力消化所有信息，並相應調整定價，” 晨星首席歐洲股票策略師邁克爾·菲爾德表示。</p>
</div><p>Hopes for an imminent end to the conflict had helped buoy markets earlier this month, but negotiations have stalled and crude prices are trading above US$100.</p>
<div class="lb-trans"><p>對沖突即將結束的希望在本月早些時候曾提振市場，但談判已陷入僵局，原油價格交易在 100 美元以上。</p>
</div><p>Against this backdrop, the European Central Bank left interest rates unchanged, but signalled concerns over rising inflation, spurring bets that it would lift borrowing costs by 25 basis points more than once this year, with an initial move expected in June.</p>
<div class="lb-trans"><p>在這種背景下，歐洲中央銀行維持利率不變，但表示對通脹上升的擔憂，促使市場押注今年將多次加息 25 個基點，預計首次加息將在 6 月進行。</p>
</div><h3>Navigate Asia in  a new global order</h3>
<div class="lb-trans"><h3>在新的全球秩序中駕馭亞洲</h3>
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<div class="lb-trans"><p>獲取洞察，直接送達您的郵箱。</p>
</div><p>“If you look at where we are currently trading in energy markets, the market is now basically trading closer to the ECB’s adverse scenario ... it is more likely that the ECB would have to take some form of action in the short to medium term,” said Elwin de Groot, head of macro strategy at Rabobank.</p>
<div class="lb-trans"><p>“如果你看看我們目前在能源市場的交易情況，市場現在基本上接近歐洲央行的不利情景……在短期到中期內，歐洲央行更有可能採取某種形式的行動，” 荷蘭銀行宏觀策略負責人埃爾温·德·格魯特表示。</p>
</div><p>On the day, industrial and healthcare shares boosted the index, gaining 1.7 per cent and 2.2 per cent, respectively. The utility sector was up 2.1 per cent.</p>
<div class="lb-trans"><p>當天，工業和醫療保健股推動指數上漲，分別上漲 1.7% 和 2.2%。公用事業板塊上漲 2.1%。</p>
</div><p><strong>Corporate earnings lift mood</strong></p>
<div class="lb-trans"><p><strong>企業盈利提升市場情緒</strong></p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另見</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5b483c295f0f8193e9fa8f4b8e13e0e944fe86465add494209e366bd3b8c2dd1/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/5b483c295f0f8193e9fa8f4b8e13e0e944fe86465add494209e366bd3b8c2dd1?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>S&amp;P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes</h3>
<div class="lb-trans"><h3>標普 500 和納斯達克開盤上漲，盈利樂觀情緒掩蓋中東困境</h3>
</div><p>Better-than-expected corporate results also aided sentiment, with first-quarter earnings for companies in the index expected to rise 6.9 per cent, up from a 2.8 per cent growth projected earlier this month, according to data compiled by LSEG I/B/E/S. However, investors will be keen on the repercussions of the conflict on forecasts.</p>
<div class="lb-trans"><p>好於預期的企業業績也提振了市場情緒，數據顯示，指數中公司的第一季度盈利預計將增長 6.9%，高於本月早些時候預測的 2.8% 的增長。然而，投資者將密切關注衝突對預測的影響。</p>
</div><p>Rolls-Royce soared 7.6 per cent after the British engineering company said it was sticking to its profit outlook, helping the defence index add 2.6 per cent.</p>
<div class="lb-trans"><p>勞斯萊斯股價飆升 7.6%，因該英國工程公司表示將維持其盈利前景，幫助國防指數上漲 2.6%。</p>
</div><p>Heavyweight pharma companies AstraZeneca and Novo Nordisk were up 1.9 per cent and 6.5 per cent, respectively.</p>
<div class="lb-trans"><p>重量級製藥公司阿斯利康和諾和諾德分別上漲 1.9% 和 6.5%。</p>
</div><p>Euro zone banking index pared earlier losses to edge 0.1 per cent lower, as French banks reported subdued trading results. BNP Paribas, Societe Generale and Credit Agricole slid 1.4 per cent, 3.6 per cent and 3.7 per cent, respectively.</p>
<div class="lb-trans"><p>歐元區銀行指數削減早期損失，微跌 0.1%，因法國銀行報告交易結果疲軟。法國巴黎銀行、法興銀行和法國農業信貸銀行分別下跌 1.4%、3.6% 和 3.7%。</p>
</div><p>Universal Music Group tumbled 8.1 per cent after reporting lower first-quarter revenue due to a weaker dollar and said it would sell half of its equity stake in Spotify. The media index fell 2.1 per cent.</p>
<div class="lb-trans"><p>環球音樂集團股價暴跌 8.1%，因其報告第一季度收入下降，受到美元走弱的影響，並表示將出售其在 Spotify 的半數股權。媒體指數下跌 2.1%。</p>
</div><p>Shares of Puma rose 5.3 per cent after the German sportswear maker reported first-quarter sales and operating profit above expectations. REUTERS</p>
<div class="lb-trans"><p>德國運動服裝製造商 Puma 股價上漲 5.3%，因其報告第一季度銷售和營業利潤超出預期。路透社</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解碼亞洲通訊：您在新的全球秩序中駕馭亞洲的指南。點擊此處註冊以獲取解碼亞洲通訊，直接送達您的郵箱，免費。</p>
</div>

歐洲股市創下一年多以來的最大月度漲幅