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The Economic Times

Business / The Economic Times

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European shares log weekly gains as oil prices ease, Mideast tensions linger

European markets rallied as declining oil prices broke a three-week slump. Despite lingering investor caution due to geopolitical tensions in the Middle East and rising bond yields, the pan-European STOXX 600 index saw gains, primarily fueled by strong performances from banking and airline sectors. However, concerns over energy costs remained a factor impacting German consumer sentiment in October. Noteworthy stock advancements included companies like Konecranes and Glencore during this period.

26 Sep 2026 9:21 am