The Capesize index rose to $9,653, reflecting a 5.81% increase, with a notable gain of 530 points. The Baltic Dry Index also saw a rise of 0.31%, reaching 969. In the dry bulk sector, Cape Forward Freight Agreements (FFAs) rebounded strongly in late trading, increasing by over 10%. Key stocks in the sector, including $GOGL and $HSHP, recorded gains of 4%. Overall, shipping activity in Europe showed mixed results, with tankers experiencing a decline of 1.5% for $TRMD and $DIS.MI, while dry bulk stocks fluctuated between -1% to +1%. The market showed a positive trend for tankers, which rose by 5-8%, and dry bulk stocks increased by 3% following a previous gain of 5%. The rebound in Cape FFAs indicates a potential recovery in the dry bulk market after a period of volatility.