10/25/2021, 5:32 PM (Source: TeleTrader)
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Europe closes mixed after data

Major stock markets in Europe closed mixed on Monday after a decrease of the Business Climate Index for Germany was announced by its Institute for Economic Research. Additionally, officers from the European Central Bank and the Bank of England shared their economic predictions, warning of a "downward" economic outlook and risks of inflation. Notably, the United Kingdom and the European Union continued their Brexit negotiations, still focusing on changes to the Northern Ireland Protocol.

The DAX rose by 0.36% at the closing bell, as Porsche led the gains with a 4.73% increase. The FTSE gained 0.25% at the same time, with Antofagasta PLC trading 2.92% higher. On the other hand, the CAC 40 lost 0.31%, as Worldline SA decreased by 4.78%.

The euro fell by 0.26% against the dollar to sell for $1.16150 at 5:19 pm CET. A minute later, the pound sterling rose by 0.10% against the greenback to go for $1.37730.

Baha Breaking News (BBN) / TT