2023-11-23 17:31:20

European Stocks Close Slightly Higher

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By Rtt News Staff Writer

European stocks closed higher on Wednesday, with investors digesting the latest batch of economic data from the region and looking ahead to the minutes of the Federal Reserve's recent policy meeting.

The pan European Stoxx 600 climbed 0.6%. The U.K.'s FTSE 100 gained 0.17% and France's CAC 40 surged 0.32%, while Germany's DAX edged up 0.04%. Switzerland's SMI advanced 0.18%.

Among other markets in Europe, Belgium, Denmark, Finland, Greece, Iceland, Ireland, Netherlands, Norway, Portugal, Russia, Sweden and Turkiye ended higher.

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Austria, Czech Republic and Poland closed weak, while Spain ended flat.

In the UK market, Hargreaves Lansdown, Ocado Group, Frasers Group, ICP, Rolls-Royce Holdings, B&M European Value Retail, Whitbread, Associated British Foods and RightMove gained 2.5 to 4.6%.

Glencore gained 2.3% after it entered into a binding amendment agreement with Metals Acquisition Corp for the sale and purchase of Glencore's Cobar copper mine in New South Wales, Australia.

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