Europe closes higher amid Wall Street optimism

Friday, 22. October 2021 17:31

Shares on the major European stock market indexes traded higher as the Friday session came to a close, seemingly boosted by upbeat sentiment on Wall Street.

As major United States benchmarks climbed to new record highs, investors managed to shrug off worries caused by both somewhat underwhelming data, and the spread of coronavirus cases.

The DAX jumped 0.47% as the session ended, with Volkswagen soaring 2.24%. The CAC 40 moved up by 0.73% at the same time as L'Oreal surged 5.08%. The FTSE 100 concurrently went up by 0.2% with Polymetal International up by 2.94%. The euro strengthened 0.09% versus the dollar at 5:30 pm CET, selling for $1.16336, while the pound lost 0.18% compared to the greenback, to go for 1.37654 a minute later.

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Breaking the News / BU