European markets close higher with rise in exports

European markets close higher with rise in exports

STOXX Europe 600, Germany’s DAX 30, France’s CAC 40, Italy’s FTSE MIB 30 hit new all-time highs

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.

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