Europe ends first 2023 session with gains after data
Major European stock exchanges ended the trading session on Monday in the green territory, boosted by a positive report on the Eurozone manufacturing sector, indicating that the worst may be over after a year of economic uncertainty which saw central banks raising rates worldwide. The biggest economy in the continent also contributed to the upbeat sentiment, as Germany recorded an improvement in its own manufacturing activity in December.
London's FTSE 100 remained closed today. The DAX gained 1.23% at the closing bell, as Zalando advanced 6.46%. The CAC 40 went up 1.97%, while Renault climbed 6.92%. The European Stoxx 50 rose by 1.77%, with Vonovia pulling the index up by 3.95%.
The euro went down 0.47% against the dollar at 5:28 pm CET to sell for $1.06545. At the same time, the pound sterling decreased by 0.35% against the greenback to change hands for $1.20476.