European stock markets close higher
Istanbul, November 12 (Hibya) – Major European stock indices ended the trading day higher, supported by gains in technology stocks and positive expectations for corporate earnings.
European stock markets closed higher on Wednesday, November 11. The pan-European benchmark Stoxx Europe 600 index rose 0.72 percent to 663.05 points, marking a record closing high.
Germany's DAX 40 index gained 1.12 percent to reach 26,642.06 points, while the UK's FTSE 100 index climbed 0.78 percent to 10,835.48 points. France's CAC 40 index advanced 0.66 percent to 8,332.88 points.
Italy's FTSE MIB index closed at 51,946.55 points, up 0.37 percent, while Spain's IBEX 35 index rose 0.43 percent to finish at 20,022.10 points.
The rally in European markets was driven by strong corporate earnings and expectations that demand in the US-based artificial intelligence sector would remain robust. Buying activity, particularly in technology and semiconductor stocks, supported gains across the indices.
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