Economy Local February 26, 2025

European Stocks Near All-Time Highs

European stocks surged on Wednesday, approaching all-time highs as market sentiments improved, signaling a strong investor confidence in the economy.


European Stocks Near All-Time Highs

Shares of European companies have almost risen to their historical highs amid improved sentiment.

This happened thanks to the decision of banks in Japan and Canada to support the economy during the pandemic, as well as the hopes of investors for a quick recovery of global trade. The FTSEurofirst 300 index added 0.7%, nearly reaching its record high.

"Optimism related to vaccines and plans for the recovery of the economy worldwide gives investors confidence in the future and allows stocks to grow," said one of the analysts.