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- European stocks close: stocks closed higher on better-that-estimated corporate earnings
European stocks close: stocks closed higher on better-that-estimated corporate earnings
Stock indices closed higher on better-that-estimated corporate earnings.
Germany's final consumer price index declined 0.3% in October.
On a yearly basis, German final consumer price index rose 0.7% in October, lower than the previous reading of 0.8% gain.
France's consumer price inflation was flat in October, beating expectations for a 0.1% decline, after a 0.4% drop in September.
On a yearly basis, French consumer price index increased 0.5% in October, after a 0.3% rise in September.
Ericsson AB shares increased 3.2% after announcing a cost-cutting plan.
KBC Groep NV shares rose 6.4% after reporting the better-than-estimated third-quarter net profit.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,635.45 +24.41 +0.37%
DAX 9,248.51 +37.55 +0.41%
CAC 40 4,187.95 +8.07 +0.19%
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