European stocks open with collective gains as they anticipate the European Central Bank's rate cut.

Major stock indices in Europe saw collective gains during early trading on Thursday, as investors anticipate the European Central Bank's announcement of a third interest rate cut at the end of today's monetary policy meeting. This has boosted the stock market with expectations that easing monetary constraints on the economy could further support corporate activity.

In terms of trading, the performance of European stock indices at the start of today's session was as follows:

• The EURO STOXX 600 index stabilized at 520 points.
• The German DAX index increased by 0.11% to 20,417.28 points.
• The British FTSE 100 index rose by 0.11% to 8,308.91 points.
• The French CAC 40 index climbed about 0.15% to 7,434.32 points.
• The Italian FTSE MIB index surged about 0.40% to record 34,864.12 points.
• The Spanish IBEX 35 index fell by 0.2% to 11,765.00 points.

Sectors sensitive to economic changes and interest rates, such as oil and gas, automotive, and mining, led the morning gains for European stock indices.