Markets & Finance

Europe Stocks Finish Higher


European stock markets finished higher on Friday. London's Financial Times-Stock Exchange 100 index rose 36.2 points, or 0.81%, to 4,490.1. Second-quarter GDP rose 0.9% in Britain, but the market was held back by a report that Britain's consumer confidence declined and news that Brent crude oil prices were higher, reports S&P's MarketScope.

Germany's DAX index gained 18.9 points, or 0.49%, to 3,851.18. A GfK report showed that German September consumer confidence fell to 2 from 3 in August. As in London, traders were cautious as oil prices headed higher. In Paris, the CAC 40 index ended 19.4 points higher, or 0.53%, to 3,649.24.

Asian markets finished higher on Friday. Japan's Nikkei 225 index added 80.26 points, or 0.72%, to close at 11,209.59. Traders absorbed some soft economic data, including a weak consumer spending report, reports Informa Global Markets.

In Hong Kong, the Hang Seng index gained 34.03 points, or 0.27%, to close at 12,818.42.


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