European equity markets traded broadly higher on Thursday, supported by upbeat earnings from Nvidia that helped counter lingering concerns around U.S. trade policy and ongoing geopolitical tensions.
Investor attention also turned to diplomacy, with officials from Iran and the United States scheduled to meet in Geneva for a third round of nuclear talks aimed at easing tensions and avoiding a potential conflict.
The French CAC 40 Index climbed 0.8%, while Germany’s DAX Index added 0.4%. The U.K.’s FTSE 100 Index posted a more modest gain of 0.2%.
Shares in London Stock Exchange Group (LSE:LSEG) surged about 4% after the exchange operator unveiled plans for a £3 billion share buyback program alongside reporting a 56.5% increase in pretax profit for 2025.
Italian energy major Eni (BIT:ENI) advanced 1.4% following the announcement of a 35% year-on-year rise in fourth-quarter adjusted net profit.
German sportswear company Puma (TG:PUM) jumped 6% after forecasting a smaller EBIT loss for fiscal year 2026.
Insurance giant Allianz (TG:ALV) slipped 1.3% as investors reacted to 2026 guidance that came in below market expectations.
Reinsurer Munich Re (TG:A2TSS7) declined 2.6% after reporting a sharper-than-anticipated drop in fourth-quarter profit, weighed down by adverse currency movements.
French industrial group Bouygues (EU:EN) gained 1.2% after delivering full-year earnings in line with analyst forecasts.
Schneider Electric (EU:SU) rose 2.6% after announcing record annual revenue of €40.15 billion, driven by strong demand for data-center infrastructure linked to artificial intelligence growth.
Payments company Worldline (EU:WLN) fell 3% after confirming it had entered into a definitive agreement to sell its Indian operations to local payments firm BillDesk.
Utility group Engie (EU:ENGI) rallied 7.3% after agreeing to acquire the United Kingdom’s largest electricity distribution network in a £10.5 billion ($14.2 billion) deal.
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