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2025-12-12 16:46:09
[European Stocks Extend Gains] ⑴ The Euro Stoxx 50 index rose 0.5% on Friday, and the Stoxx 600 index rose 0.3%, marking the second consecutive day of gains. This followed a rate cut and more dovish-than-expected comments from the Federal Reserve, boosting global market optimism. ⑵ Bank stocks performed strongly: BNP Paribas shares rose 1.4% after announcing exclusive talks with Holmacom Group to sell a 67% stake in its Moroccan subsidiary, Banco Comercial de Morocco; HSBC rose 1.8%, UBS rose 4.4%, and Barclays rose 1.3%. ⑶ In the retail sector, Adidas rose 2.4%, and Puma rose 4.5%, after Lululemon raised its annual profit forecast. ⑷ This week, the Stoxx 50 index rose 0.5% cumulatively, and the Stoxx 600 index rose 0.4% cumulatively.
