European stock markets remain positive, except for Italy, due to the rise in the shares of financial and technology companies, despite the weakening of expectations that a ceasefire will be reached between the USA and Iran in the near future.
The geopolitical tension, which increased after US President Donald Trump rejected Iran’s 7-day ceasefire offer to open the Strait of Hormuz to traffic, caused declines in Asian stock markets and index futures contracts in the USA.
Despite these developments, European stock markets remain positive due to the rise in the shares of finance and technology companies.
In European markets, as of 10.45, the Stoxx Europe 600 indicator index is at 640.3 points, with a 0.3 percent increase, and the FTSE 100 index in the UK is at 10,723 points, with a 0.3 percent increase.
In Germany, the DAX 40 index is at 25,445 points, 0.1 percent above the previous close, in Italy, the FTSE MIB 30 index is at 51,140 points, with a 0.1 percent decrease, in France, the CAC 40 index is at 8,110 points, with a 0.4 percent gain, and in Spain, the IBEX 35 index is at 19,714 points, with a 0.1 percent increase.
