Economy

European markets close higher with rise in industrial output

London's FTSE 100 performs best, gaining 0.81%

Ovunc Kutlu   | 12.01.2022
European markets close higher with rise in industrial output

ANKARA

European stock markets closed higher on Wednesday with rise in industrial production.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 3.12 points, or 0.65%, to close at 486.20.

London's FTSE 100 was the best performer of the day, gaining 60 points, or 0.81%, to end at 7,551.

Germany's DAX 30 rose 68 points, or 0.43%, to close at 16,010, while France's CAC 40 climbed 53 points, or 0.75%, to 7,237.

Italy's FTSE MIB 30 gained 178 points, or 0.65%, to close at 27,714. Spain's IBEX 35 added 14 points, or 0.16%, to finish at 8,770.

Industrial production in the EU rose 2.5% on a monthly basis in November 2021, according to figures released by Eurostat earlier.


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