Markets & Finance

Europe Stocks Finish Higher


European stock markets finished higher. An overnight report from the U.S. semiconductor industry association showing chip sales rose 17% in October has helped the tech sector.

London's Financial Times-Stock Exchange 100 index gained 45 points, or 1.05%, to 4,332.60, following reports that U.K. retail sales rose in October at the fastest rate in 18 months, and that U.K. manufacturing rose at the strongest rate since 1999.

In Paris, the CAC 40 finished 65.87 points higher, or 1.95%, to 3,439.07. Germany's DAX index had added 88.51 points, or 2.42%, to 3,744.5. Infineon Technologies was higher as a trade group reported increased demand for chips used in personal computers, and mobile telephones.

In Asia, Hong Kong's Hang Seng index gained 196.71 points, or 1.61%, to 12,386.81. Japan's Nikkei 225 index was closed for a bank holiday. On Friday, Oct. 31, the index fell 135.97 points, or 1.27%, to 10,559.59.

Canada's benchmark S&P/TSX rose 70.77 points, or 0.91%, to 7,843.47.


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