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European shares rise as lower oil prices lift markets, London lags

05/05/2026 | 23:32:49

European shares rise as lower oil prices lift markets, London lags

Amman, May 5 (Petra) -- European shares closed higher on Tuesday, except in London, supported by a decline in oil prices.

The pan-European STOXX Europe 600 rose 0.7%, with gains across most sectors.

According to Bloomberg, France’s CAC 40 in Paris climbed 1.08%, while Germany’s DAX in Frankfurt gained 1.71%. Italy’s FTSE MIB in Milan rose 2.27%.

//Petra// AF

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