Home / Market Update / Global Stock Market / European Stocks Record Third Weekly Gains in Row

European Stocks Record Third Weekly Gains in Row

European stocks closed higher on Friday, supported by an improved sentiment on positive news about Coronavirus vaccines.

The pan-European STOXX 600 index closed higher by 0.45% at 389.35, recording gains for the third consecutive week.

Meanwhile, the UK’s FTSE100 added 0.27%, while the French index CAC40 and the German DAX added 0.39% each.

Check Also

Oil Extends Surge as Hormuz Fears Intensify; Brent Near $80 After Middle East Escalation

Oil prices climbed again in Asian trading on Tuesday, extending a powerful rally after surging …