A board displays the chart of Germany’s share index DAX at the stock exchange in Frankfurt am Main, western Germany, on the last day of trade of the year 2024 on December 30, 2024. (Photo by Daniel ROLAND / AFP)
London: Europe’s main stock markets ended the year Tuesday with solid gains, as all eyes turn to 2025 and the impact that the policies of US president-elect Donald Trump will have on the global economy.
London’s benchmark FTSE 100 index closed up 0.6 percent and the Paris CAC 40 rallied 0.9 percent in a shortened trading day.
Over 2024, London gained nearly six percent as falling global inflation triggered interest-rate cuts from major central banks.
That pushed global stock markets to record-high levels this year, as did a tech boom on rapid growth for the artificial intelligence sector.
Paris fell 2.2 percent over the year, with the index hit late in the year by political turmoil in France, while China’s…
