British stocks rose on Tuesday, snapping a losing streak alongside European peers after U.S. President Donald Trump suggested the Middle East conflict may be nearing its conclusion, sparking a relief rally in stock markets as oil prices declined.

China's semiconductor index surged to nearly a three-year high on Monday, driven by expectations that a U.S. order halting Taiwan Semiconductor Manufacturing Co (TSMC) shipments of advanced chips to Chinese customers could boost Beijing's efforts toward self-reliance.