4/28/2023, 5:36 PM (Source: TeleTrader)
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Europe closes mostly higher with data in focus

Markets in Europe closed mostly higher on Friday as investors digested the latest economic data and corporate earnings reports. Germany's inflation was reported to have fallen to 7.2% in April and the Eurozone economic growth was observed at 0.1% in the first quarter of the year.

The FTSE 100 gained 0.50%. Prudential, up 4.17%, led the gains.

The DAX jumped 0.77%. The best performer was Covestro, whose shares rallied 8.45%.

The CAC 40 closed 0.10% in the green with Compagnie de Saint-Gobain rising 2.60%.

The Euro Stoxx 50 ended flat.

The euro added 0.13% against the dollar to sell for 1.10433 at 5:31 pm CET and the pound climbed 0.63% compared to the greenback to go for 1.25763 at the same time.

Baha Breaking News (BBN) / NP