European markets close higher with rise in industrial output

European markets close higher with rise in industrial output

London's FTSE 100 performs best, gaining 0.81%

By Ovunc Kutlu

ANKARA (AA) – European stock markets closed higher on Wednesday with rise in industrial production.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 3.12 points, or 0.65%, to close at 486.20.

London's FTSE 100 was the best performer of the day, gaining 60 points, or 0.81%, to end at 7,551.

Germany's DAX 30 rose 68 points, or 0.43%, to close at 16,010, while France's CAC 40 climbed 53 points, or 0.75%, to 7,237.

Italy's FTSE MIB 30 gained 178 points, or 0.65%, to close at 27,714. Spain's IBEX 35 added 14 points, or 0.16%, to finish at 8,770.

Industrial production in the EU rose 2.5% on a monthly basis in November 2021, according to figures released by Eurostat earlier.


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