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2/10, 5:31 PM (Source: TeleTrader)
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Europe closes mostly higher after earnings, inflation news

Major stock markets in Europe closed mostly higher on Thursday after companies such as AstraZeneca PLC, ThyssenKrupp AG, and Unilever PLC all posted annual rises in the latest earnings reports. Meanwhile, the European Commission raised its prediction for the growth of inflation in 2022 from 2.2% to as much as 3.5%.

The DAX traded 0.18% at the close as Siemens AG surged by 5.12%. The FTSE 100 increased by 0.40%, with Informa PLC rocketing by 7.23%. On the other hand, the CAC 40 fell by 0.43% as Hermes International SA lost 3.60%.

The euro gained 0.54% to the dollar to sell for $1.14866 at 5:31 pm CET. A minute later, the pound sterling rose by 0.68% against the greenback to go for $1.36296.

Baha Breaking News (BBN) / JR