European Markets Close Higher on the First Trading Day of 2025

In an encouraging start to the year, European markets closed higher on Thursday, overcoming initial losses as the first trading session of 2025 came to a close.

Key Indexes Show Positive Movement

The DAX saw a rise of 0.48%, while the CAC 40 added 0.15%, and the pan-European Euro Stoxx 50 increased by 0.36%. Leading the charge was Airbus Group, which surged by 3.35%. Across the channel, the FTSE 100 climbed 0.93%, buoyed by Fresnillo's impressive 4.34% increase.

Currency Movements

At 5:29 pm CET, the euro and the British pound experienced declines against the dollar, trading at $1.02546 and $1.23764, respectively, marking drops of 0.94% and 1.12%.