European markets close higher with rise in exports

By Ovunc Kutlu

ANKARA (AA) – European stock markets closed higher on Monday with rise in exports, as four indices posted fresh record high levels.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 1.68 points, or 0.35%, to close at a new all-time high of 488.43. The index rose 0.68% last week.

London’s FTSE 100 added 3.95 points, or 0.05%, to end the day at 7,351. It increased 0.6% the previous week.

Germany’s DAX 30 climbed 54 points, or 0.34%, to close at 16,148, after a record high of 16,149.87 during the session. Last week, the index added 0.24%.

France’s CAC 40 rose 37 points, or 0.53%, to close at 7,128 and it hit an all-time high of 7,136.13 points during the day. It rose 0.71% last week.

Italy’s FTSE MIB 30 was the best performer of the day by adding 135 points, or 0.49%, to end the day at 27,868. While it hit a new record high of 27,877.89 points during the session, it bounced back 0.22% from last week’s losses.

Spain’s IBEX 35 increased 14 points, or 0.16%, to close at 9,095. Last week, it fell 0.54%.

The EU exported goods worth €1.6 trillion ($1.8 trillion) in the January-September period this year, up 13.5% from the same period of last year, the bloc’s statistical office Eurostat said earlier.