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European Markets Close Higher; Volvo Cars Ends 9% Higher on Sales Record
Wednesday, 8 January 2025 00:21 WIB | MARKET UPDATE |Stoxx 600SahamEropa

European markets closed higher on Tuesday as investors in the region digested inflation data and corporate earnings releases.

The pan-European Stoxx 600 index provisionally ended the session up 0.34%, with mining, utilities and construction stocks among the few sectors in negative territory.

Major bourses were in mixed territory, with the FTSE 100 down by around 0.09%.

Annual inflation in the euro zone rose to 2.4% in December, a flash estimate from Eurostat showed on Tuesday, up from 2.2% in November. The print — which was in line with expectations, according to a Reuters poll of economists — was lifted by high services costs and rising energy prices.

Source : CNBC

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