European shares rally most in a year on hopes Iran war could soon end - News Summed Up

European shares rally most in a year on hopes Iran war could soon end


The pan-European Stoxx 600 index jumped 2.5 per cent, the most 12 months, recouping some of last month’s losses on hopes a resolution of the war is near. Ryanair stood out, soaring 4.5 per cent to €24.95, as oil prices declined. On Tuesday, ​both the indexes marked their biggest monthly drop since 2020 on fears that the war-led increase in oil prices will stoke inflation. Greece’s benchmark index closed 3.2 per cent higher. Airlines jumped and defence stocks ⁠staged a recovery, making industrial shares on the S&P 500 the biggest ⁠percentage gainers.


Source: The Irish Times April 02, 2026 02:15 UTC



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