TELETRADER News
12/6/2021, 5:30 PM (Source: TeleTrader)
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Europe closes sharply higher as new strain woes ease

Shares on the major stock market indices in Europe jumped as the session came to a close on Monday, with the investors closely monitoring the news regarding the coronavirus' new strain Omicron. Equities on the major United States' benchmarks also rallied, as did prices of oil futures.

European Commission President Ursula von der Leyen announced the bloc will increase its efforts to facilitate vaccination worldwide.

The DAX soared 1.49% at 5:30 pm CET, with MTU Aero Engines skyrocketing 5.48% while the CAC 40 surged 1.71% at the same time, as Unibail-Rodamco-Westfield gained 6.64%. At 5:29 pm CET, in London, the FTSE 100 added 1.67%. IAG jumped 8.08% as the benchmark's top performer. The euro dropped 0.27% versus the dollar, selling for 1.12780 at 5:31 pm CET, while the pound advanced 0.08% compared to the greenback a minute later, going for 1.32504.

Baha Breaking the News (BBN) / BU