European stocks continue to rise before the end of the year

Under the leadership of mining and insurance stocks, European stocks opened higher on Thursday: as people continue to hope that major central banks around the world will reduce borrowing costs next year, stimulating market sentiment and allowing European stocks to close the year in a strong position. The European benchmark Stoxx600 index has risen 13% so far this year, with technology and retail stocks performing best. Although the Christmas holiday is over, most traders have extended their holidays until the new year. It is expected that trading volume in the stock market will be thin for the remaining trading days in 2023.