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European Stock Market Shrinks on the Outgoing Week

Stock

In the Outgoing week, the European stock market displayed a mixed performance, with some indices showing positive gains and some underperforming. The STOXX Europe 600 index, which is considered a leading benchmark for the European market and covers approximately 90 percent of the market capitalization across 17 countries, reported a gain of 2.09 points to close at 469.00.

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed significant gains, rising 43 points or finishing the session at 7,914.

In Germany, the DAX 30 index added 74 points to reach 15,881, while France’s CAC 40 scored on 58 points to hit 7,577 at the end of the trading day.

Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, was the worse performer of the day, dropped 127 points to 27,745. However, Spain’s IBEX 35, gained by 75 points, to close at 9,415.

/NR

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