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European markets close higher to rebound from weekly losses

09:58 07 December 2021 Author :  

European stock markets closed higher on Monday to rebound from their losses posted last week.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 5.94 points, or 1.28%, to close at 468.71. It fell 0.27% last week.

London's FTSE 100 increased almost 110 points, or 1.54%, to end the day at 7,232. It rose 1.11% during last week.

Germany's DAX 30 gained 210, or 1.39%, to 15,380 points, recovering from a weekly loss of 0.57%.

France's CAC 40 rose 100 points, or 1.48%, to 6,865 after it increased 0.38% last week.

Italy's FTSE MIB 30 jumped almost 560 points, or 2.16%, to end the day at 26,498 after it had a gain of 0.33% last week.

Spain's IBEX 35 was the best performer of the day by soaring 198 points, or 2.4%, to close at 8,439. The index declined 1.91% last week./aa

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