Europe finishes mixed after release of EU production data

Monday, 14. September 2020 17:32

Major markets in Europe closed mixed on Monday after the European Union's office Eurostat reported a rise by 4.1% in the seasonally adjusted industrial output. Meanwhile, the bloc's Executive Vice President Valdis Dombrovskis emphasized the importance of the digital tax for financing future social programs. The EU-British tensions continued as the critics of the UK's Prime Minister Boris Johnson repeated their dissatisfaction with the government's handling of the Brexit negotiations.

The DAX decreased by 0.07% at the closing bell with Deutsche Wohnen SE losing 3.58%. The FTSE 100 fell 0.1% as IAG's shares plunged to 30.82%. The CAC 40 increased by 0.35% as Thales Group stocks climbed 4.34%.

The euro gained 0.29% against the dollar, to go for 1.18819 at 5:40 pm CET, as pound sterling rose 0.73% compared to the greenback to change hands for 1.28904 a minute later.

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