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European Stocks Rise Slightly Amid Middle East Tensions

Singapore: European stocks inched up on Tuesday as investors drew some comfort from hopes of de-escalation in the Middle East war, but benchmark index was still set for its sharpest monthly decline since 2020 amid supply-chain disruptions. The pan-European STOXX 600 index was up 0.2% at 581.92 points. The benchmark index, down 8.2% in March, is on track to break an eight-month streak of gains and log its first quarterly decline in .

According to Qatar News Agency, financial services stocks gained 0.8% and led sectors higher. Unilever added 0.7%, contributing to the slight rise in European stocks. Despite these gains, the overall market sentiment remains cautious due to ongoing supply-chain issues and geopolitical tensions.