Europe closes higher amid slowdown in infections

Friday, 20. November 2020 17:30

Major stock indexes in Europe finished the last trading session of the week above the flatline on hopes that the slowdown in coronavirus infections could lead to the relaxation of coronavirus restrictions. European Commission President Ursula von der Leyen argued that Europe needs to continue investing in COVID-19 vaccines. On data, Eurozone consumer sentiment in November decreased 2.1 points compared to last month.

The FTSE 100 rose 0.27% at the closing bell, as Antofagasta plc increased 3.56%. The DAX gained 0.39%. Bayer AG was the best performer, jumping 3.23%. The CAC 40 advanced 0.39% with Atos SE climbing 2.64%.

The euro was down 0.17% against the greenback to sell for 1.18590 at 5:29 pm CET, while the pound grew 0.15% to change hands for 1.32938 dollars at the same time.

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Breaking the News / MD