ISTANBUL
European stocks ended Tuesday in positive territory as investors regained optimism after US President Donald Trump announced a ceasefire between Israel and Iran in the conflict that started on June 13.
The pan-European Stoxx 600 rose 1.11%, or 5.95 points, to close at 540.98.
Germany's DAX 40 index was up 1.6% to end at 23,641.58 points, and the UK's FTSE 100 index ticked up 0.01% to 8,758.99.
France's CAC 40 rose 1.04% to close at 7,615.99, while Italy's FTSE MIB 30 index added 1.63% to 39,474.46 points.
Germany's Ifo Business Climate Index rose to 88.4 points in June, extending its upward trend for the sixth consecutive month, as interest rate cuts and the government's large fiscal package made companies more optimistic about future business prospects.
The euro gained around 0.35% to the US dollar as of 1630GMT, trading at 1.1618.
