Open Demo Account
Home / Market Update / Global Stock Market / European Stocks Hit New Record High

European Stocks Hit New Record High

M. Ali 28 May, 2021 8:48 pm Global Stock Market, Market Update

European stocks rose on Friday, closing at a new record high, and registering weekly and monthly gains.

The rise in European stocks was supported by an improved investors’ sentiment, following recent positive economic data.

The German benchmark DAX and the French CAC40 indices closed higher by 0.74% and 0.75%, respectively.

Meanwhile, the UK’s FTSE100 index finished marginally higher by 0.04%, with the recent hawkish tone expressed by the Bank of England.

Tags

Check Also

US Stock Market Cheers Fed’s Pivot, but Cracks Lurk Beneath the Surface

The Federal Reserve’s latest move has Wall Street buzzing, with the Dow Jones Industrial Average …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends