European stocks: European stocks closed slightly higher Tuesday, but overall recorded their worst monthly performance since mid-2022 amid continued uncertainty surrounding a potential war with Iran.
According to Qatar News Agency, the Stoxx 600 index rose 0.43 percent after declining at the start of the session. Despite these gains, it closed with a monthly loss of 7.99 percent, its largest in six years. This downturn in the European markets highlights the prevailing investor caution prompted by the geopolitical tensions in the Middle East.
Furthermore, key national indices also showed marginal gains. The French CAC 40 index finished 0.57 percent higher, the German DAX rose by approximately 0.52 percent, and the British FTSE 100 climbed 0.48 percent. Despite these modest increases, the overall sentiment in the market remains bearish due to the geopolitical risks and their potential impact on global economic stability.