Stock markets in Italy,Germany and France rise after lean trading as PMI index reaches highest level since 2011
Major European fairness indexes climbed to new highs in lean trading on Monday, with strong manufacturing reports from the region lifting sentiment on the first trading day of 2017. Italy’s FTSE MIB index closed up 1.7%, or rising to its highest level since January 2016. Germany’s Dax was up 1% after reaching its highest point in nearly 17 months,while France’s Cac gained 0.4% after a 13-month peak earlier in the day.
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Source: theguardian.com