Investors are waiting for German economic data to be published later on Tuesday.
The Stoxx Europe 600 composite index of the region’s largest companies had risen nearly 1% to 433.12 points by 10:24 a.m. Ksk.
Germany’s DAX stock index rose 0.6%, France’s CAC 40 gained 0.45% and Britain’s FTSE 100 gained 1.55%. Italian FTSE MIB and Spanish IBEX 35 were up 0.4%.
Energy company Uniper and tour operator TUI were the leaders among Stoxx 600 components which rose in price by 12.2% and 6.1% respectively.
In addition, the value of securities of oil companies BP Plc, Shell and TotalEnergies increases by 3.9%, 4.5% and 1.2%, respectively.
In Germany, shares of Adidas (+2.4%), Siemens Energy (+1.4%) and BASF (+1.2%) rose in price.
In France, bank stock prices are rising, including Societe Generale (+1.5%), BNP Paribas (+1.5%) and Credit Agricole (+1.2%).
