Economy

European markets close higher to rebound from weekly losses

After falling 1.91% last week, Spain's IBEX 35 soars 2.4% as best daily performer

Ovunc Kutlu   | 06.12.2021
European markets close higher to rebound from weekly losses

ANKARA

European stock markets closed higher on Monday to rebound from their losses posted last week.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 5.94 points, or 1.28%, to close at 468.71. It fell 0.27% last week.

London's FTSE 100 increased almost 110 points, or 1.54%, to end the day at 7,232. It rose 1.11% during last week.

Germany's DAX 30 gained 210, or 1.39%, to 15,380 points, recovering from a weekly loss of 0.57%.

France's CAC 40 rose 100 points, or 1.48%, to 6,865 after it increased 0.38% last week.

Italy's FTSE MIB 30 jumped almost 560 points, or 2.16%, to end the day at 26,498 after it had a gain of 0.33% last week.

Spain's IBEX 35 was the best performer of the day by soaring 198 points, or 2.4%, to close at 8,439. The index declined 1.91% last week.

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