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European Stocks Maintain Gains

M. Ali 12 August, 2020 8:56 pm Global Stock Market, Market Update

European stocks continued with the upward trend on Wednesday, as the STOXX Europe 600 index closed up by over 1.14%.

Most of the market sectors registered gains, with telecom, travel, and entertainment stocks showing strong performance.

The FTSE100 index gained 2.04%, supported by positive economic data in the UK.

Meanwhile, the French CAC40 closed higher by 0.90%.

DAX increased by 0.86%, while IBEX35 lost 0.45%, and FTSE MIB settled higher by 1.13%.

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