European shares end Friday’s session on higher note| MENAFN.COM

Thursday, 08 December 2022 10:05 GMT

European shares end Friday’s session on higher note


(MENAFN) European share markets closed the last exchange day of the week with earns on Friday.

The STOXX Europe 600, which contains nearly 90 percent of the market capitalization of the European market in 17 nations, went 1.3 percent higher to 387.85 points, whereas UK's FTSE 100 index surged 0.18 percent to 6,893.81 points.

Germany's DAX 30 index rose to 1.16 percent to 12,114.36 points, and France's CAC 40 index went 1.51 percent higher to stand at 5,762.34.

Italy's FTSE MIB 30 index jumped 1.45 percent to 20,648.85 points.

Eurozone inflation reach double digits last month, amounting to a new record of 10 percent, official figures showed on Friday. The number jumped from 9.1 percent in the month before (August) and 3.4 percent in September last year.

The UK's economy grew 0.2 percent in the April-June period of this year in comparison to the first quarter.

In the meantime, the EU energy ministers accepted on Friday on taxing the profits of energy firms and cutting energy intake throughout highest hours.

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