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European Stock Indices Close Higher on Mining and Healthcare Gains

London: European stocks closed higher at the close of trading Thursday, boosted by the mining and healthcare sectors.

According to Qatar News Agency, the pan-European Stoxx 600 index closed up 0.5 percent, reaching its highest level since June 11. Meanwhile, the UK's FTSE 100 index jumped 1.2 percent, hitting an all-time high, whereas the German DAX index retreated from a record high, closing down 0.4 percent.

The European auto sub-index rose 2 percent, driven by a 4.2 percent increase in BMW shares. European mining shares also saw a significant rise, jumping 3.2 percent to their highest level in more than three months, with London-listed Glencore and Rio Tinto shares rising by about 4 percent each.

Healthcare stocks saw an increase of 1.8 percent, with Danish pharmaceutical company Novo Nordisk gaining 2.8 percent. On the contrary, the eurozone banking sub-index fell 1.6 percent, although it remains near its highest level since 2010.

Investors are currently preparing for the second-quarter earnings season to assess how companies are handling market volatility.