European stock exchanges end on high notes on Monday | MENAFN.COM

Tuesday, 04 October 2022 07:40 GMT

European stock exchanges end on high notes on Monday


(MENAFN) With an annual gain in the European Union services trade, European stock exchanges ended the day higher on Monday.

According to a prior report from Eurostat, European Union associate states exported services worth more than euro1.02 billion (USD1.04 billion) to nations outside the European Union last year, a significant rise from euro910 million two year ago. According to the report, the European Union's trade surplus in services increased to euro133 billion last year, almost matching the record high set in 2018.

The STOXX Europe 600, which represents about 90 percent of the market capitalization of the 17 nations that make up Europe, finished the day up 3.21 points, or 0.74 percent, at 438.93.

The FTSE 100 index in the United Kingdom increased by 42 points, or 0.57 percent, to close the day at 7,482. The German DAX 30 closed the day up 113 points, or 0.84 percent, at 13,687.

France's CAC 40 finished at 6,524 after gaining 52 points (0.8 percent). The FTSE MIB in Italy rose by 141 points, or 0.62 percent, to hit 22,727. On the other hand, T\the best-performing stock of the day was Spain's IBEX 35, which soared by 104 points, or 1.28 percent, to reach 8,272.

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