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LIVE MARKETS-Spanish and German stocks among Europe's winners so far in 2025

ReutersApr 24, 2025 11:01 AM
  • STOXX 600 little changed
  • Kering falls after results
  • China says no U.S. talks yet
  • Wall St futures lower

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SPANISH AND GERMAN STOCKS AMONG EUROPE'S WINNER SO FAR IN 2025

It has been a rollercoaster year for stock markets so far. But even amid the wild swings prompted by the ongoing U.S.-China trade war some clear index winners are emerging.

Among major European indices, Spain's IBEX 35 .IBEX is a winner, surging 13.9% in 2025 as banking stocks have surged. Santander SAN.MC, Sabadell SABE.MC, BBVA BBVA.MC and Caixabank CABK.MC are up between 29% and 41%.

Next in line is Germany's DAX .GDAXI, up 10.3%, with its biggest stock SAP SAPG.DE this year taking the top spot last month as Europe's largest company.

Italy's FTSE MIB .FTMIB is up 6.6% year-to-date.

Other major European indices such as the UK's FTSE 100 .FTSE and France's CAC 40 .FCHI have posted less dramatic gains, but all remain in positive territory. This contrasts with the U.S. benchmark S&P 500 .SPX which is down 8.6%.

Among smaller markets, Greece's Athens general composite market .ATG stands out with a 16% gain, while Denmark's OMEX Copenhagen 20 .OMXC20 is down 23.4% this year, as tumbling Novo Nordisk > shares drag.

(Lucy Raitano)

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