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- European stocks close: most stocks closed higher on Greek debt deal
European stocks close: most stocks closed higher on Greek debt deal
Most stock indices closed higher on Greek debt deal. Greece and the European Union agreed on Friday to extend Greek bailout programme by four months.
German Ifo business climate index rose to 106.8 in February from 106.7 in January, missing expectations for a rise to 107.4.
The Confederation of British Industry released its monthly Distributive Trades survey on Monday. The CBI retail sales balance dropped to 1% in February from 39% in January, missing expectations for an increase to 42%. That was the lowest level since November 2013.
The drop was largely driven by lower supermarkets and department stores sales.
Sales expectations for March declined to 27% from 42% in February.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,912.16 -3.04 -0.04 %
DAX 11,130.92 +80.28 +0.73 %
CAC 40 4,862.3 +31.40 +0.65 %
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