9/29, 5:31 PM (Source: TeleTrader)
more TeleTrader news

Europe closes higher as consumer confidence rises

Europe's major equities closed higher on Wednesday following the release of Eurozone consumer confidence data which showed an improvement in September and news that the UK’s fuel supply crisis was stabilizing.

The DAX gained 0.77% led by Airbus and Volkswagen respectively adding 3.33% and 3.18%. The FTSE 100 grew by 1.16% led by Next PLC jumping 4.41%, while the CAC 40 advanced by 0.88% with Airbus SE increasing 3.23%.

The euro declined 0.55% in value against the dollar, selling for $1.16194 at 5:28 pm CET. The pound sterling also fell by 0.68% against the greenback to go for $1.34460.

Baha Breaking the News (BBN) / IB