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1/12/2022, 5:35 PM (Source: TeleTrader)
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Europe closes in the green amid inflation, jab news

Shares on the major European stock market indices traded with gains as the session came to a close on Wednesday, with investors digesting news regarding the United States December's inflation reading.

Meanwhile, German Chancellor Olaf Scholz called for swift legal action on COVID-19 vaccine mandates. In business news, BMW Group stated it has sold 8.4% units more in 2021 than it has the year before. Volkswagen Group reported a 4.3% drop in sales over the same period.

The DAX rose 0.43% as the session ended as RWE jumped 2.02%. The CAC 40 gained 0.75% at the same time with ArcelorMittal skyrocketing 6.5%. Meanwhile, in London, the FTSE 100 moved up by 0.81%, led by Antofagasta's 7.49% soar.

The euro and the pound surged 0.52% and 0.46% versus the dollar at 5:34 pm CET, selling for 1.14246 and 1.36931, respectively.

Baha Breaking News (BBN) / BU