European stocks end Tuesday higher after retail trade boost

European stocks end Tuesday higher after retail trade boost

Germany's DAX 30 leads with surge of 155 points

By Ovunc Kutlu

ANKARA (AA) – European stock markets closed Tuesday with gains on the back of positive retail trade data.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 3.27 points, or 0.78%, to 421.61.

The UK’s FTSE 100 increased 6 points, or 0.08%, to finish the second trading day of the week at 7,306.

Germany’s DAX 30 was the best performer of the day, soaring 155 points, or 1.15%, to close at 13,688.

France’s CAC 40 added 24 points, or 0.39%, to end the day at 6,416.

Italy’s FTSE MIB rose 201 points, or 0.86%, to 23,694, and Spain’s IBEX 35 gained 36 points, or 0.46%, to reach 7,998 at the closing bell.

Volume of retail trade increased 0.4% on a monthly basis in both the euro area and EU in September, according to figures released earlier in the day by the EU’s statistical office Eurostat.


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