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- European stocks close: stocks closed higher on corporate earnings
European stocks close: stocks closed higher on corporate earnings
Stock indices traded higher on corporate earnings.
Meanwhile, the economic data from the Eurozone was negative. Eurostat released its final consumer price inflation data for the Eurozone on Friday. Eurozone's final harmonized consumer price index rose 0.2% in September, in line with the preliminary reading, after a flat reading in August.
On a yearly basis, Eurozone's final consumer price inflation fell to -0.1% in September from 0.1% in August, in line with the preliminary reading.
Restaurants and cafés prices were up 0.12% year-on-year in September, vegetables prices rose by 0.11%, tobacco prices gained 0.08%, fuel prices for transport declined by 0.71%, heating oil prices decreased by 0.25%, while milk, cheese and eggs prices were down by 0.06%.
Eurozone's consumer price inflation excluding food, energy, alcohol and tobacco remained unchanged at an annual rate of 0.9% in September, in line with the preliminary reading.
Eurozone's unadjusted trade surplus dropped to €11.12 billion in August from €31.4 billion in July.
Exports rose at an annual rate of 6.0% in August, while imports increased by 3.0%.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,378.04 +39.37 +0.62 %
DAX 10,104.43 +39.63 +0.39 %
CAC 40 4,702.79 +27.50 +0.59 %
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