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European Stocks Record Highest Gains in Three Weeks

M. Ali 16 October, 2020 9:13 pm Global Stock Market, Market Update

European stocks finished Friday higher, recovering some of its recent losses due to concerns about the second wave of the COVID-19 pandemic.

The Stoxx Europe 600 index closed higher by 1.26%, registering its highest daily gains in three weeks, at 367.48 points.

The UK’s FTSE100 also rose by 1.49%, while the German DAX added 1.62%.

Meanwhile, the French CAC40 index closed the last session of the week up by 2.04%.

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