European stocks were steady on wednesday after closing at a new record high in the previous session. the pan-european stoxx 600 index was steady at 588.93 points after hitting consecutive record highs this week.:uropean STOXX 600 index was steady at 588.93 points after hitting consecutive record highs this week.

According to Qatar News Agency, the STOXX 600 had reached a historic peak on Tuesday, driven mainly by strong healthcare stocks. Energy company shares rose 0.4 percent, after oil prices climbed for a sixth straight session. BP's share also rose 1 percent after it agreed to sell a 65 percent stake in Castrol to investment firm Stonepeak for about USD 6 billion.

Mining sector shares rose 0.1 percent after prices of precious metals such as gold, silver, platinum, and copper hit record highs amid a metals market frenzy.