Tuesday, 06 June 2023 08:36 GMT

European shares close Monday’s session with higher figures with surge in EU services trade


(MENAFN) European share markets ended higher on Monday with a yearly surge in the EU services trade.

EU member says exported services valued at over €1.02 billion (USD1.04 billion) to nations outside of the EU last year, indicating a robust rise from €910 million (USD911 million) in the year before, Eurostat declared earlier.

It also stated that The EU trade surplus for services jumped to €133 billion in 2021– near to the peak rate registered in 2018.

The STOXX Europe 600, which contains nearly 90 percent of the market capitalization of European market in 17 nations, was 3.21 points higher, or 0.74 percent, to end at 438.93.

The UK's FTSE 100 jumped 42 points, or 0.57 percent, to close the day at 7,482. Germany's DAX 30 gained 113 points, or 0.84 percent, to finish the day at 13,687

France's CAC 40 gained 52 points, or 0.8 percent, to close at 6,524. Italy's FTSE MIB added 141 points, or 0.62 percent, to stand at 22,727.

Spain's IBEX 35 was the highest performer of the day, climbing 104 points, or 1.28 percent, to 8,272.

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