
European exchanges climbed on solid statistics and rising oil prices.
According to trading data, major stock indexes in Europe closed with growth on Monday and supported the markets by rising oil prices and solid macro statistics.
As a result of trading, the British FTSE 100 index rose by 0.58%, to 7164.91 points, the French CAC 40 – by 0.22%, to 6567.54 points, the German DAX – by 0.08%, to 15661.97 points …
Traders reacted to solid statistics on the eurozone. Thus, according to the final assessment, in June, the composite index of business activity PMI in industry and services of 19 eurozone countries grew more robust than expected: to 59.5 points instead of the expected 59.2 points from 57.1 points in May. As a result, the indicator has become a record one since June 2006.
On Monday, OPEC + canceled its regular meeting and has not yet decided on a new date for negotiations. Oil prices showed growth within 1%, while after the close of exchanges, the pace accelerated to 1.3-1.5%. Shares of energy companies in the region have risen in price. BP rose 0.9%, Royal Dutch Shell 1.2% and Eni 0.6% more.
Shares of the British WM Morrison Supermarkets rose in price by the end of trading by 11.6%. The company earlier said it had reached an agreement with a group of investors led by Fortress Investment Group to buy the supermarket chain for £ 6.3 billion ($ 8.7 billion).