Doha: European stock indices experienced a boost as they closed higher on Thursday, reflecting a positive shift in market sentiment.

According to Qatar News Agency, the pan-European Stoxx 600 index saw an increase of 0.5 percent, while the US S and P 500 index rose by 0.9 percent, indicating a broader uplift in global markets. In Europe, the German DAX index advanced by 0.6 percent, and the French CAC 40 index recorded a rise of 0.2 percent.

Shares of German engineering company Siemens AG increased by 0.8 percent. This comes after the company’s shares jumped 3 percent earlier, driven by easing trade tensions between the United States and China. Investors’ optimism was further reflected in the renewable energy sector, where shares of some European companies continued their upward momentum, highlighted by Vestas’s stock, which surged nearly 7 percent.