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European Stock Indices Rise with Decline in Sovereign Debt Yields – Monday Markets Update

European Stock Indices Rise with Decline in Sovereign Debt Yields – Monday Markets Update

Live: The majority of European stock indices rose, at the end of the first sessions of the week, on Monday, with a decline in sovereign debt yields in Germany, Italy, and the United Kingdom.

At the end of trading, the European Stoxx 600 index rose by 0.4% to 478.1 points, and gains were limited by the energy and mining sectors recording losses during the session.

While the British FTSE 100 index stabilized at 7,694 points, the German DAX rose by 0.75% to 16,716 points, while the French CAC index increased by 0.4% to 7,450 points.

The Sentix economic index for the euro zone rose to -15.8 points in January from -16.8 points, against expectations of an increase to -15.5 points. This gradual improvement indicates slightly more positive expectations, but it falls short of indicating a surge in investor confidence.

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2024-01-08 18:24:01
#European #stocks #rose #Monday #trading

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