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Source: Newsmaker.id
European stock markets closed higher on Thursday (Sept. 17, 2026), extending the recovery seen in the previous session. The pan-European STOXX 600 index rose 0.86% to 642.60, driven by improved investor appetite for equities following the Federal Reserve's interest rate decision. Investing.com
Major regional indices also posted gains. The UK's FTSE 100 rose 1.19%, Germany's DAX climbed 0.77%, and France's CAC 40 added 0.57%. The STOXX 600's rise marked its largest gain in over two months, reflecting a rebound in sentiment following uncertainty leading up to the Fed meeting.
Positive sentiment was bolstered by a drop in oil prices following reports of additional Saudi Arabian oil shipments via Oman. Easing Treasury yields also alleviated pressure on stock valuations, while the Fed's rate hike—which had been largely priced in by the market—did not trigger fresh volatility. Reuters
The metal mining sector led the gains with a 2.1% rise, followed by the automotive sector at 1.7%. Shares of BMW, Renault, and Volkswagen helped lift the market. However, the gains were uneven; shares of German industrial services firm Bilfinger slumped 21.4% after it once again cut its performance forecast for the year. Reuters
In the UK, the Bank of England held interest rates at 3.75% in a 6–3 vote, with three members favoring a 25-basis-point hike. The central bank warned that the Middle East conflict and high energy prices still risk intensifying inflationary pressures, leaving the door open for future policy tightening. Bank of England
According to Newsmaker analysis, the rally in European markets reflects investor relief over easing energy and bond market pressures. Cheaper oil could help lower corporate costs, while falling yields support stock valuations. However, the sustainability of the rally still hinges on the recovery of energy supplies and inflation trends. If oil prices surge again due to disruptions in the Middle East, expectations of interest rate hikes could intensify, potentially curbing the stock market recovery.
Source: Newsmaker.id