By Ovunc Kutlu
ANKARA (AA) – European markets mostly closed higher on Friday for the third consecutive trading day, spurred by rising industrial production, and posted weekly gains, according to data compiled by Anadolu Agency.
The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 1.46 points, or 0.3%, to close at 486.75 after hitting an all-time high of 486.88 points during the session. The index rose 0.68% this week.
London’s FTSE 100 fell 36 points, or 0.49%, to end the day at 7,347 despite climbing to a record high of 7,402.68 points during trading hours. It increased 0.6% for the week.
Germany’s DAX 30 climbed 10 points, or 0.07%, to close at 16,094, after a record high of 16,122.76 during the session. This week, the index added 0.24%.
France’s CAC 40 was the best performer of the day by rising 31 points, or 0.45%, to close at 7,091 and it hit an all-time high of 7,097.46 points during the session. It rose 0.71% this week.
Italy’s FTSE MIB 30 was up 99 points, or 0.36%, to end the day at 27,732. However, it had a 0.22% weekly decline.
Spain’s IBEX 35 declined 11 points, or 0.13%, to 9,080. It had a weekly loss of 0.54%.
Eurozone industrial production rose 5.2% on an annual basis in September, the EU’s statistical authority announced earlier.
Industrial production in the EU27 increased 5% during that period, according to Eurostat.