European markets close higher to begin November with records

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.