European stocks concluded the weekend transactions with a strong rise, supported by optimism about financial reforms in Germany, and the increase in government spending in some European countries, which strengthened investor confidence in the markets.
This positive momentum was reflected in the major indicators, which ended the week with a strong performance, indicating that investors are optimistic about the ability of European economies to achieve sustainable growth during the coming period.
Performing major indicators
European Stoxx 600 index
The European Stoxx 600 index achieved 1.1% gains at the conclusion of transactions, to enhance its position as one of the most important indicators that reflect the power of European markets, and weekly performance showed market cohesion, as investors benefited from the prevailing positive in many sectors.
German DAX Index
The German DAX index increased by 1.65%, driven by the progress of economic reforms in Germany, which supports the industrial companies and technology sector, which strengthened German stocks.
British Fotsi 100 Index
The British Fotsi 100 index increased by 1.05%, supported by the recovery of the shares of major companies, especially in the basic resources sector and financial services, which reflects the durability of the British market despite global fluctuations.
CAC 40 French Index
The French CAC 40 index managed to climb by 1.14%, taking advantage of the strong performance of the shares of major companies, especially in the luxury commodity and technology sector, which reflects the continued strong demand for European products in global markets.
These strong rises confirm that European markets still have a high investment attractiveness, supported by a mixture of positive economic factors, and the continued flow of investments in the vital sectors.
The most valuable sectors:
European markets have witnessed a remarkable recovery in a number of major sectors, as the aviation and defense sector issued the list of winners during the week, achieving gains of 1.8%, bringing its total weekly gains to 2%, and this positive performance is due to the increasing expectations of increasing European military spending, in light of the continuous efforts to enhance defense and technological capabilities, along with the frequent aviation sector with high rates travel.
The support of the European Union for local defense industries also contributed to enhancing investments within this sector, which strengthened the frequency of growth, and the technology sector also recorded a strong performance of 1.3% during the week, driven by the increasing demand for advanced technologies, especially in the areas of artificial intelligence and cloud computing.
The major technological companies continue to achieve high growth rates, supported by their expansion in emerging markets, and their investments in innovative digital solutions, as well as European initiatives to enhance cybersecurity and develop digital infrastructure, which enhances the sector’s long -term attractiveness, and the basic resource sector was among the winning sectors, as it increased by 1.1%, benefiting from the increasing demand for minerals and raw materials, Backed by the recovery of industrial activity in various European countries.
The shares of mining companies and companies producing raw materials witnessed a remarkable increase, with the improvement of production expectations and the continued strong demand from global markets, supported by government spending on huge infrastructure projects, and the rise in prices of basic metals such as copper and nickel contributed to achieving more gains for this vital sector, which reflects the continued positive momentum in European markets.
