European Shares Close Higher on Semiconductor Gains

Manama: European stocks ended Thursday's trading sharply higher, supported by gains in the semiconductor sector. STOXX Europe 600 index rose 0.79% to 554.97 points, while the broader technology index climbed 4.1%, marking its biggest one-day gain since April 23.

According to Bahrain News Agency, the robust performance was largely driven by a surge in semiconductor stocks, which buoyed the overall market sentiment. The significant increase in the technology index highlights the strong investor confidence in the sector, contributing to the overall positive trend in European markets.

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