Doha: European shares climbed on Thursday after US President Donald Trump signalled progress toward a first trade deal in his global tariff dispute, boosting market sentiment. The pan-European STOXX 600 index was up 0.3%. Other regional indexes were also trading in positive territory, except for Spain’s IBEX, which fell 0.4%.

According to Qatar News Agency, shares of A.P. Moller-Maersk fell 2.1% after the shipping group lowered its global container market forecast for this year due to increased economic and geopolitical uncertainty, although it left its profit outlook unchanged.