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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