European stocks closed higher on Friday amid softer than expected inflation data, while markets continued to gauge the likelihood of a deal in Iran. The Euro STOXX 50 added 0.3% to 6,065 and the STOXX Europe 600 inched 0.2% higher to 626.5. US President Trump's final approval was still pending following reports that the US and Iran agreed to a memorandum that would pave the way to restore tanker flows from the Strait of Hormuz, lowering energy prices and sovereign yields this week. Additionally, EU-harmonized inflation rates were lower than expected in Germany and France, raising hopes that the ECB will deliver multiple rate hikes this year. Banks closed higher following a volatile week, with BBVA, UniCredit, and BNP Paribas adding around 1.5%. In turn, SAP jumped 2.4% on a rebound for US software firms. Meanwhile, AstraZeneca rose 1% after receiving US approval for a bladder cancer treatment. The Euro STOXX 600 added 0.6% this week and the STOXX Europe 600 edged 0.2 higher.
Euro Area's main stock market index, the EU50, fell to 6040 points on May 29, 2026, losing 0.25% from the previous session. Over the past month, the index has climbed 2.70% and is up 12.55% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Euro Area. Historically, the Euro Area Stock Market Index (EU50) reached an all time high of 6208.30 in February of 2026. Euro Area Stock Market Index (EU50) - data, forecasts, historical chart - was last updated on May 31 of 2026.
Euro Area's main stock market index, the EU50, fell to 6040 points on May 29, 2026, losing 0.25% from the previous session. Over the past month, the index has climbed 2.70% and is up 12.55% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Euro Area. The Euro Area Stock Market Index (EU50) is expected to trade at 5986.48 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 5440.37 in 12 months time.