Europe closes higher with Munich conference in focus

Friday, 19. February 2021 17:31

Major stock indexes finished the last trading session of the week in the green amid a slew of corporate earnings and economic data releases. According to the indicators, the Eurozone fared better in Q4 than previously expected. Besides the latest reports, the investors were focused on the ongoing Munich security conference.

The FTSE 100 was 0.10% higher at the end of the session. Antofagasta plc jumped 7.49%. The DAX closed 0.77% above the flatline, with Infineon Tech AG advancing 3.95%. The CAC 40 gained 0.79%, as Safran S.A. rose 4.41%.

The euro and the pound climbed 0.37% and 0.34% against the dollar at 5:29 pm CET, changing hands for $1.21369 and $1.40226 respectively.

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Breaking the News / MD