Europe closes mostly up amid mixed data

Thursday, 01. October 2020 17:31

European markets closed mostly up on Thursday after mixed data came from Eurostat which reported that the producer prices in the European Union (EU27) and the Eurozone (EA19) increased by 0.2% and 0.1%, respectively, in August. However, the seasonally adjusted unemployment rate in the Eurozone (EA19) stood at 8.1% in August, rising by 0.1 percentage points.

The DAX dropped 0.40% with Bayer AG plunging by 13.07%. The CAC 40 grew by 0.39%. STMicroelectronics was the best performer that went up by 6.93%. The FTSE 100 gained 0.21% as MelroseIndustries growing by 4.20%.

The euro went up by 0.21% against the dollar at 5:29 pm CET, buying 1.17476. At the same time, the pound was down 0.21% versus the US currency, to go for 1.28937.

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Breaking the News / TF