European shares end mostly with gains, despite manufacturing...| MENAFN.COM

Saturday, 03 December 2022 06:11 GMT

European shares end mostly with gains, despite manufacturing decrease


(MENAFN) Major European share markets ended Wednesday with earnings, apart from Italy's FTSE MIB, even as eurozone manufacturing actions remained to see decline.

The STOXX Europe 600, which contains nearly 90 percent of the market capitalization of the European market in 17 nations, stood at 2.6 points higher, or 0.6 percent, at 438.82.

The UK's FTSE 100 saw a surge of 12 points, or 0.17 percent, to end at 7,465 whereas Germany's DAX 30 jumped 5.24 points, or 0.04 percent, to close at 14,427.

France's CAC 40 experienced a surge of 21 points, or 0.32 percent, to close the day at 6,679, whereas Spain's IBEX 35 added 6.2 points, or 0.07 percent, to 8,331.

Italy's FTSE MIB, on the other hand, dropped 9 points, or 0.04 percent, to finish with an amount of 24,581.

These earnings came in spite of manufacturing actions in the eurozone remaining to decline for the fifth month in a row.

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