FTSE 100 Index Ends 0.34% Higher at 9189.22 — Data Talk

The DAX is up 108.30 points or 0.45% today to 24423.07

• Third highest close in history
• Snaps a two trading day losing streak
• Off 0.52% from its record close of 24549.56 hit Wednesday, July 9, 2025
• Today's closing value is the third highest this year
• Highest closing value since Thursday, July 10, 2025
• Off 0.52% from its 52-week high of 24549.56 hit Wednesday, July 9, 2025
• Up 33.71% from its 52-week low of 18265.92 hit Tuesday, Sept. 10, 2024
• Rose 33.04% from 52 weeks ago
• Off 0.52% from its 2025 closing high of 24549.56 hit Wednesday, July 9, 2025
• Up 24.16% from its 2025 closing low of 19670.88 hit Wednesday, April 9, 2025
• Month-to-date it is up 1.49%
• Year-to-date it is up 4513.93 points or 22.67%

Source: Dow Jones Market Data, FactSet

The FTSE MIB rose 0.9% to close at 43,009 on Tuesday, the highest in 18 years, amid fresh corporate developments in the heavyweight financial sector.

Banks advanced, with Mediobanca (+1.5%) gaining after ECB approval for its Banca Generali takeover (+0.1%), while MPS’s (+1.3%) subscription for its Mediobanca offer continued to rise despite the discounted price.

Geopolitically, Trump emphasized security guarantees and a potential trilateral meeting with Putin after meeting Zelensky and European leaders, raising optimism over potential progress toward peace.

Leonardo fell 9.5% on the development.

In Milan, the FTSE MIB Index rose 379 points or 0.89 percent on Tuesday.

Leading the gains are Moncler (4.67%), Amplifon (3.91%) and Interpump Group (2.91%).

Top losers were Leonardo SpA (-9.51%), Italgas (-1.25%) and Snam (-0.23%).

In Paris, the CAC 40 Index went up by 95 points or 1.21 percent on Tuesday.

Top gainers were Pernod Ricard (3.54%), Cap Gemini (3.43%) and Publicis (3.40%).

European stocks closed sharply higher on Tuesday, their highest since March, amid optimism on steps taken to end the war between Russia and Ukraine.

The Eurozone's STOXX 50 added 0.9% to 5,486 and the pan-European STOXX 600 rose 0.7% to 558.

European leaders met with US and Ukraine Presidents Trump and Zelensky in Washington DC yesterday and signaled they would provide security guarantees to Ukraine if it proceeds to end the war.

Consumer discretionary companies, which are commonly impacted by risk sentiment, led the gains with LVMH and Kering each jumping 3%, while Stellantis and Mercedes Benz added 3.2% and 2.7% to set the pace for auto producers.

On the broader index, Mediobanca advanced after gaining approval to acquire Banca Generali, which would create Italy's third-largest lender and prevent Banca MPS from acquiring the former.

In turn, defense companies fell on the peace optimism, with Rheinmetall, BAE Systems, and Thales dropping over 4%.

The FTSE 100 rose 0.4% to a record 9194 on Tuesday, though it lagged other European indexes.

Gains were led by financials and miners, with Glencore and Rio Tinto benefiting from a rebound in copper prices.

JD Sports surged over 6% after Deutsche Bank raised its target price to 100p from 85p.

Conversely, optimism over a potential Russia-Ukraine ceasefire pressured oil producers like Shell and BP, while defence stocks fell, dragging on the index.

BAE Systems, Rolls-Royce, QinetiQ, and Babcock International all slipped.

Monday’s talks at the White House, described by Ukraine’s Zelenskiy as a “significant step” and the “best” meeting with President Trump yet, fueled hopes for progress toward ending the war.