European exchanges finish week with gains

European exchanges finish week with gains

France’s CAC performs best, soaring 1.22%; UK’s FTSE jumps 1.21%

By Ovunc Kutlu

ISTANBUL (AA) - European stock exchanges closed Friday higher to finish the week with gains.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European markets in 17 countries, was up 4.2 points, or 0.83%, at 512.83.

The UK’s FTSE 100 jumped 99 points, or 1.21%, to close the session at 8,285. Germany’s DAX rose 118 points, or 0.65%, to end at 18.417.

France’s CAC 40 was the best performer of the day, soaring 90 points, or 1.22%, to reach 7,517.

Italy’s FTSE MIB, meanwhile, rose 41 points, or 0.12%, to 33,812.

Spain’s IBEX 35 increased 20 points, or 0.18%, to 11,165 at the closing bell.

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