According to Qatar News Agency, this was driven by rising sanguinity over the AI sector, along with signs of de-escalation in the Middle East. The STOXX Europe 600 Index closed up 0.9 percent, after hitting a new record during trading, extending its upturn to a third consecutive month. Advances for the current quarter reached almost 10 percent, marking its best quarterly performance since October 2020.
Technology stocks led market gains, with the sector rising 2.5 percent, while most other major sectors also posted gains. Among the standout movers, ASML, which specializes in semiconductor equipment manufacturing, jumped 6.8 percent. Shares of STMicroelectronics and Infineon, both active in the semiconductor industry, rose 1.4 percent and 4.4 percent, respectively.