Europe closes mostly higher after CPI data

Freitag, 01. Juli 2022 17:31

Stock markets in Europe were mostly higher at the close on Friday after Eurozone inflation reached another record high earlier in the day. Investors also analyzed data from the manufacturing sector in the Eurozone, the United Kingdom and Germany.

The DAX was up 0.23% at the close with RWE advancing 5.25%. In London, the FTSE 100 closed flat. The CAC 40 rose by 0.15% at the end of trading with its strongest performer Airbus up 3.14%.

The euro was 0.73% lower against the dollar, selling for 1.04066 at 5:33 pm CET, while the pound lost 1.14% compared to the greenback, buying 1.20399 a minute later.

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