Europe closes higher after data

Monday, 06. September 2021 17:31

Major stock markets in Europe closed higher on Monday as Germany saw a record-high monthly rise in new factory orders. Experts also expressed their optimism concerning activities in the United Kingdom's construction sector. Meanwhile, France unveiled plans to raise the minimum wage from October. In the meantime, it was reported Britain will extend the grace period for checks on the goods going from and to Northern Ireland from the rest of the country.

The DAX traded 0.96% higher at the close as Siemens AG gained 2.96%. The FTSE 100 rose by 0.70%m with ITV PLC growing by 2.54%. The CAC 40 went up by 0.79% as Moet Hennessy Louis Vuitton (LVMH) SE expanded by 2.17%.

The euro lost 0.10% to the dollar to sell for $1.18665 at 5:41 pm CET. At the same time, the pound sterling declined by 0.20% against the greenback to go for $1.38274.

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Breaking the News / JR