European Stocks Achieve Best Performance Since Last November

European stock indices closed higher at the end of Wednesday's trading, achieving their best performance in more than nine months. The European Stoxx 600 index ended trading up more than 1 percent in its strongest performance since November 2, thanks to a recovery in banking stocks. The banking index led the gains among sectors after jumping 2.7 percent, achieving its best one-day gain in more than a year, after losing 11 percent in the past five days. Main indices in Germany, France, Britain and Spain also rose by rates ranging between 1.5 and 2 percent. On the other hand, shares of Danish pharmaceutical company Novo Nordisk fell by 6.7 percent, recording the biggest one-day decline since August 2022, after the company announced disappointing earnings expectations, while shares of German sportswear company Puma fell by 10.8 percent after it reduced its full-year earnings forecast. Source: Qatar News Agency