European stocks closed sharply higher on Friday, tracking the rise in global equity markets after Iran communicated that it opened the Strait of Hormuz to all commercial vessels. The Eurozone's STOXX 50 gained 2% to 6,054 and the pan-European STOXX 600 gained 1.5% to 626, both at their highest since their respective records on late February. The development improved the outlook of normalized energy supply from key producers in the region, triggering a plunge in oil and gas benchmarks and easing concerns of stagflation in Europe. Banks surged on the outlook of improved credit and lower rates, with Santander and NP Paribas gaining more than 4%. Industrial giants also gained as lower power prices were due to improve their margins, with Safran, Airbus, and Schneider adding between 4% and 6%.
Euro Area's main stock market index, the EU50, rose to 6062 points on April 17, 2026, gaining 2.17% from the previous session. Over the past month, the index has climbed 5.67% and is up 22.18% 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 April 19 of 2026.
Euro Area's main stock market index, the EU50, rose to 6062 points on April 17, 2026, gaining 2.17% from the previous session. Over the past month, the index has climbed 5.67% and is up 22.18% 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 5938.93 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 5478.09 in 12 months time.