European Stock Markets Show Slight Rise on Last Trading Day of the Year
European stock markets recorded a slight increase on December 31, with investor focus shifting to central banks’ next moves on interest rates. Notably, the Euro Stoxx Banks index is expected to rise over 20% in 2024. Despite concerns over net interest margins, bank stocks thrived, with UniCredit demonstrating significant gains. Additionally, gold prices surged by 27% in 2024, marking a remarkable year for the precious metal. Global oil prices also showed upward trends, with the dollar strengthening against major currencies.