European stocks ignore American drawings and continue their gains

European stocks continued to rise on Wednesday, as investors seized opportunities in light of the weak markets, ignoring new threats from the United States to impose customs duties, while they absorbed a different set of corporate profits results.

The European “Stoxx 600” index increased by 0.3% to 543.06 points, ascending to the third consecutive session after it touched its lowest level in five weeks last Friday.

The German index “DAX” rose 0.4% to 23965.58 points, and the French index “CAC 40” increased by 0.4% to 7657.87 points, and the British Fotsi 100 index increased by 0.2% to 9161.86 points.

The shares of the German “Kumits Bank” increased by about 1%, after the bank recorded clear quarterly profits that outperformed expectations, and raised parts of its expectations for the entire year.