Markets

European stocks close midweek on high note

Among major European indices, only German DAX 30 sees decline

Almost all major European markets closed midweek on a high note.

Investors in Europe focused on global monetary policies and the US Federal Reserve’s plans for possible tapering of asset purchases.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 0.05 points, or 0.01%, to 471.84.

Germany’s DAX 30 posted a decline down 0.28% or 45.19 points – to stand at 15,860.66 points.

Frances’ CAC 40 increased by 0.18% or 12.17 points to 6,676.48 points.

Italy’s FTSE MIB went up 32.36 points, or 0.12%, at 26,060, while Spain’s IBEX 35 gained 28.80 points, or 0.32%, to 8,977.

On Wednesday’s Asia’s major stock markets also closed the day with gains.

Turkey’s BIST 100 index closed the day at 1,453.30 points with a decline, down 0.86%.

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