European Stocks Rise as Oil Prices Stabilise: DAX, CAC, FTSE100

European equities moved broadly higher on Thursday as US Treasury yields declined and oil prices stabilised following a three-session increase.

Brent crude futures were little changed below $96 a barrel after US President Donald Trump said a new round of US attacks on Iran would likely be short-lived.

The pan-European STOXX 600 Index gained 0.3%, after closing 0.2% lower on Wednesday.

The UK's FTSE 100 Index rose 0.7%, while Germany's DAX Index gained 0.2%.

France's CAC 40 Index moved in the opposite direction, declining 0.3%.

The moves came as investors assessed oil prices and lower US Treasury yields alongside their potential implications for inflation and interest rates.

Among individual companies, Hilton Food shares rose after the food packing group increased its full-year adjusted profit guidance.

Finnish telecommunications equipment company Nokia also advanced after opening its first research and development centre in Saudi Arabia. The facility is dedicated to AI network automation.

Voltalia shares declined after the French renewable energy company revised its fiscal 2026 outlook to a net loss and suspended its fiscal 2027 outlook.

The changes followed the company's report of a wider loss for the first half of 2026.

UK homebuilder Crest Nicholson also fell to a record low after warning that it expects to report an annual operating loss.

Watches of Switzerland shares declined despite the luxury watch and jewellery retailer reiterating its full-year revenue and profit targets.