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European Stocks Settle Higher

M. Ali 20 July, 2020 10:42 pm Global Stock Market, Market Update

The European stocks rose on Monday, supported by positive reports about COVID-19 vaccine trials, with the market anticipating the European Union (EU) talks about an economic stimulus package with a total size of EUR 750 million.

The pan-European STOXX Europe 600 index gained 0.74% to settle at 375.45.

French index CAC40 increased by 0.47%, while the German DAX surged by around 1%.

On the other hand, FTSE100 lost 0.46%.

In Spain, IBEX35 added 0.51%, while the Italian FTSE MIB index added 0.99%.

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