Europe closes mixed after economic data

Tuesday, 29. November 2022 17:39

Major stock market indexes in Europe closed mixed on Tuesday as the final report on consumer confidence in the Eurozone unveiled a significant increase of 2.8 points in November. At the same time, Germany's inflation came slightly below the expected annual rise to arrive at 10.0% this month.

The DAX closed 0.24% lower as Sartorius AG pulled the index down by 3.46%. The FTSE 100 advanced by 0.56% at the close, with StandardChartered PLC increasing by 4.69%. The CAC 40 was mostly flat, slightly rising by 0.05%, as ArcelorMittal SA led the gains going up by 2.80%.

The euro gained against the dollar, selling for 1.03436 at 5:33 pm CET. At the same time, the pound sterling rose by 0.25%, changing hands for 1.19794.

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