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2/15, 5:30 PM (Source: TeleTrader)
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Europe surges at close, DAX up 300 pts

Major European stock markets ended Tuesday's session deep in the green territory prompted by positive sentiment pushed by a slight relaxation of Russia-Ukraine tensions as well as optimistic data coming from Germany. Earlier today, the latest report showed an improvement in Germany's economic outlook this month.

The DAX jumped by 1.98% or 298 points at the closing bell, with Delivery Hero soaring 15.14%. The FTSE 100 gained 1.03%. The CAC 40 advanced by 1.86% or 127 points. The euro gained 0.59% against the dollar to sell for 1.13610 at 5:27 pm CET, while the pound traded slightly higher at $1.35227.

Baha Breaking News (BBN) / ND