Friday, 18 July 2025
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European stocks ended the trading day on a positive note, led by defense and mining giants.

The Stoxx Europe 600 index provisionally rose by 0.1%. Regionally, the FTSE 100 was higher by 0.2% and Germany's DAX was up 0.6%. France's CAC 40 bucked the trend by closing flat.

Within the Stoxx 600 index, miners Anglo American and Antofagasta were among the biggest gainers, alongside defense giants Rheinmetall, Saab and Hensoldt

Balfour Beatty shares rose 2.7% after the company said it won a £833 million contract to help build the world's first gas-fired power station for Net Zero Teeside Power, a joint venture between BP and Equinor.

The British construction firm said that the completed power station is expected to produce enough low-carbon power for more than one million average U.K. homes.

The London-listed company will be working alongside French engineering company Technip Energies and U.S. firm GE Vernova to build the gas power station.

Source : CNBC

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