Tuesday saw a little increase in European markets as attention was drawn to geopolitical events and business profits.
Major stock exchanges were in positive territory at 11:48 a.m. London time, with the pan-European Stoxx 600 index up 0.3%.
After the outcome of the German federal election, Germany’s Dax index continued to rise, but London’s FTSE 100 led the gains with a 0.4% increase.
The Christian Social Union (CDU/CSU) and the conservative Christian Democratic Union (CDU) received the most votes in Sunday’s election, and Friedrich Merz, the alliance’s candidate, is expected to succeed Olaf Scholz as chancellor of the biggest economy in Europe.
Source (CNBC)
