By Una Hajdari
Publication Date: 2026-02-12 13:57:00
Published on
European stocks extended gains to new highs by early afternoon on Thursday, as strong corporate earnings from luxury and industrial groups sparked a broad rally in the region’s stock markets.
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The pan-European STOXX 600 rose around 0.5% to 624.67 points by midday, holding near its all-time high as investors digested numerous earnings updates.
Major benchmarks also hovered near record levels, with France’s CAC 40 up more than 1.4% on the day and London’s FTSE 100 trading around a record intraday high of around 10,535 points.
Luxury stocks were among the biggest profit drivers, with the sector gaining around 1.5%.
Hermès shares climbed to a nearly month-long high after…
