European markets close higher to recover from losses

European markets close higher to recover from losses

London's FTSE 100 performs best, rising 0.91% to new record high of 7,340.15

By Ovunc Kutlu

ANKARA (AA) - European markets closed higher Wednesday, recovering from losses in the previous session.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 1.05 points, or 0.22%, to close at 483.76.

London's FTSE 100 was the best performer of the day -- rising 66 points, or 0.91%, closing at a record 7,340.15.

Germany's DAX 30 added 27 points, or 0.17%, to 16,067.

France's CAC 40 was flat, adding about 2 points, or 0.03%, to close at 7,045.

Italy's FTSE MIB 30 increased 119 points, or 0.44%, to end at 27,561.

Spain's IBEX 35 rose 66 points, or 0.74%, to close at 9,141.

The indices lost between 0.04% and 0.97% on Tuesday with Italy's FTSE MIB 30 performing the worst.


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