Sana'a: European stocks reached a new record high on Monday, extending the gains recorded last week, as signs of easing trade tensions between the United States and China boosted investor risk appetite. The pan-European STOXX 600 index rose 0.1% to 576.37 points, after closing at a record high on Friday.
According to Yemen News Agency, the mining and technology sectors each advanced by 1.1%, contributing significantly to the index's ascent. In contrast, the utilities index declined by 0.6%, reflecting a mixed performance across different sectors. Despite the overall positive trend, shares of major companies such as Novartis and HSBC experienced declines, falling by 1% and 1.3%, respectively.