2/24/2023, 9:05 AM (Source: TeleTrader)
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Europe opens higher after consumer data

Major stock market indexes in Europe opened higher on Friday after the newest report on consumer confidence in Germany and the United Kingdom both showed improvements for the month of March. Meanwhile, Russia's operation in Ukraine remained one of the focal points of public concern as it got to its first anniversary.

The DAX traded 0.30% higher at the opening as Covestro AG jumped by 3.82%. The FTSE 100 increased by 0.23% at 9:02 am CET, with Smurfit Kappa Group PLC going up by 1.05%. The CAC 40 rose by 0.62% at 9:04 am CET as Alstom SA gained 1.49%. The Eurostoxx 50 grew by 0.47% at 9:05 am CET as Hermes International SA expanded by 1.36%.

The euro lost 0.12% to the dollar to sell for $1.05908 at 8:58 am CET. At the same time, the pound sterling stood flat against the United States currency to change hands for $1.20273.

Baha Breaking News (BBN) / JR