(RTTNews) – European stock markets ignored a listless opening on Wednesday and accelerated as the day progressed, ending their sessions firmly in positive territory for the third day in a row.
Markets rose after knowledge showed that the production of the factories in euros increased for the time in a row in June, following a sharp easing of the coronavirus containment measures.
An uptick in generation actions added to the trust.
Germany’s DAX up 111.74 points, or 0.86%, to 13058.63, while London’s FTSE rose 125.78 points, or 2.04%, to 6280.12 and CAC 40 at the France resort by 45.32 points, or 0.90%, to 5073.31.
In London, the company rose 4.46%, while Royal Dutch Shell rose 2.82%, Tesco by 2.76%, Rightmove by 2.08%, Scottish Mortgage Investment up 1.75%, British American Tobacco by 1.37%, Vodafone 0.86%, Rolls-Royce 0.84 in line with the penny. St. James Place rose 0.34 consistent with a penny and Associated British Foods fell 0.15 consistent with a penny.
In France, Carrefour rose 2.94%, Veolia Environnement by 1.90%, Airbus 1.65%, Compagnie de Saint-Gobain by 1.20%, Societe Generale 0.72%, Crédit Agricole 0.64%, Peugeot 0.38% and Vivendi 0.12%. with a hundred.
In economic news, the UK economy contracted for the time of the year in a row amid the coronavirus pandemic, there was some recovery in June after the government eased movement restrictions, the office of National Statistics was shown Wednesday.
Gross domestic product 20.4% sequentially at the time of the quarter, after a 2.2% drop in the first quarter. Economists had predicted a quarterly drop of 20.5%.
In addition, commercial production in the euro increased for the time in a row in June, following a sharp easing of the coronavirus containment measures, eurostat showed on Wednesday.
The industrial production building rose 9.1% in line with the month, less than the 12.3% accumulated in May and the 10% expected by economists.
On an annual basis, the decline in commercial production slowed to 12.3 percent from 20.4 percent last month. Economists expected an annual drop of 11.5%.