LONDON, Feb 25 (Reuters) - European mining and utilities stocks each hit an all-time high on Wednesday, passing their previous peaks in 2008, the latest sign of a broadening out of last year's rally in European stocks. The STOXX basic resources sector has gained 25% since the start of the year, nearly matching its total gain for 2025. <.SXPP>The STOXX utilities sector has meanwhile risen around 15% since the start of the year. Mining and utilities are the second and third European industry sectors to clear a longstanding milestone this week. The oil and gas index took out its 2007 record high on Monday..(Reporting by Sophie Kiderlin; Editing by Amanda Cooper and Alun John)

Source: Economic Times February 25, 2026 18:18 UTC