European markets close higher to begin November with records

European markets close higher to begin November with records

STOXX Europe 600, London's FTSE 100, and Italy's FTSE MIB 30 hit all-time highs

By Ovunc Kutlu

ANKARA (AA) – European stock markets closed higher on Monday, and some indices climbed to record high levels, giving them a strong start to the month of November after posting gains in October.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, added 3.36 points, or 0.71%, to close at 478.87 after hitting a record high of 479.62 points during the session.

London's FTSE 100 was up 51 points, or 0.71%, closing at 7,288, after reaching an all-time high of 7,303.39 points.

Germany's DAX 30 added 117 points, or 0.75%, to 15,806 and France's CAC 40 climbed almost 63 points, or 0.92%, to 6,893.

Italy's FTSE MIB 30 jumped 330 points, or 1.23%, to end the day at 27,206 after earlier reaching a record high of 27,303.01 points.

Spain's IBEX 35 was the best performer of the day, soaring almost 125 points, or 1.38%, to close at 9,182.

In October, the STOXX Europe 600 gained 5.26%, while London's FTSE 100 and Germany's DAX 30 were up 2.13% and 4.3%, respectively.

Italy's FTSE MIB 30 jumped 6.2% last month, France's CAC 40 soared 6.37%, and Spain's IBEX 35 increased 4.2% in October.

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