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European Stocks Up 0.5% for the Week

M. Ali 10 July, 2020 11:36 pm Global Stock Market, Market Update

European stocks settled higher on Friday, supported by positive industrial data in France and Italy.

The pan-European STOXX Europe 600 index closed up by 0.81% at 366.6 points, up by 0.50% for the week.

In the London Stock Exchange (LSE), FTSE100 finished higher by 0.76%.

Meanwhile, the French CAC40 index closed up by 1.01%, and the German index DAX added 1.15%.

In the same way, The Spanish IBEX35 settled up by 1.16%, and the Italian FTSE MIB index surged by 1.34%.

Earlier today, data showed Italian industrial production increased by 42% in May, while French industrial output expanded by nearly 20%.

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