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The FTSE MIB Index rose 1680 points or 3.70 percent on Wednesday to close at 47092 points. Leading the gains are Prysmian (9.07%), Brunello Cucinelli (7.93%) and Buzzi Unicem (7.93%).

The FTSE MIB Index Closes 3.70% Higher

The DAX Index gained 1159 points or 5.06 percent on Wednesday to close at 24081 points. Gains were led by Siemens Energy (11.94%), Infineon (11.33%) and Siemens (10.17%).

The DAX Index Closes 5.06% Higher

The CAC 40 Index went up by 355 points or 4.49 percent on Wednesday to close at 8264 points. The rise was led by ArcelorMittal (12.84%), Safran (10.90%) and Schneider Electric (9.50%).

The CAC 40 Index Closes 4.49% Higher

Frankfurt's DAX 40 soared 5.1% to close at 24,007 on Wednesday, the highest level in a month, buoyed by hopes of de-escalation in the Middle East after more than a month of conflict. The announcement of the US-Iran two-week ceasefire agreement sparked a global rally, even as tensions remain on the Israel-Lebanon front. Hopes that oil and gas flows through the Strait of Hormuz will resume pushed oil prices sharply lower, easing concerns of a prolonged energy crisis. Gains were seen across almost all sectors, with techs, industrials, banks, travel stocks and autos among the top performers. Infineon (11.9%), Siemens Energy (11.6%), Siemens (10.2%) and Heidelberg Materials (9.6%) posted sharp gains.

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