The STOXX 50 rose 0.6% and the STOXX 600 gained 0.5% on Wednesday, rebounding from a lackluster session the previous day. Investors focused on corporate earnings and monitored a minerals deal between Ukraine and the US aimed at developing Ukraine's natural resources, an agreement that could help ease recent tensions between the two countries.
Mining companies led the gains, supported by a rise in copper prices after US President Donald Trump signaled potential import tariffs on the metal. The food and beverages sector also advanced. On the earnings front, Anheuser-Busch InBev surged over 7% after reporting a stronger-than-expected operating profit.
Munich Re jumped more than 4.5% after exceeding its profit target and proposing a dividend increase, while E.ON gained approximately 2.7% following an upward revision of its 2024–2028 investment program to €43 billion. On the other hand, Deutsche Telekom was among the worst performers, losing about 3.8%.
Source: Trading Economics
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