European stocks rose at the end of Thursday’s trading, the twenty-third of February, as investors absorbed the minutes of the Federal Reserve meeting, which showed that members are still committed to fighting inflation by increasing interest rates.
At the end of the session, the STOXX600 index rose by 0.1% to 462 points, while the German DAX rose by 0.49%, recording 15475 points.
The British FTSE declined by 0.29% to record 7907 points, while the French CAC increased by 0.25% to 7317 points.
Shares of oil and gas companies rose by 1.1%, while shares of mining companies fell by 1.6%.
Rolls-Royce shares jumped more than 23%, supported by the company’s profit increase of about 57% last year.
In a separate context, the European Union countries failed to agree on new sanctions against Russia that are supposed to be applied on the occasion of the one-year anniversary of the war.
The proposed package included trade restrictions worth more than 10 billion euros, including a ban on EU imports of Russian rubber.
