European stock markets rally to close Friday higher

ANKARA

European stock markets rallied on Friday to close the last trading day of the week with massive gains.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 7.43 points, or 1.81%, to close at 416.98.

The UK’s FTSE 100 increased 146 points, or 2.03%, to finish at 7,334 and Germany’s DAX 30 gained 329 points, or 2.51%, to close at 13,459.

France’s CAC 40 was the best performer of the day, soaring 173 points, or 2.77%, to end the day at 6,416 points.

Italy’s FTSE MIB jumped 576 points, or 2.54%, to 23,282, while Spain’s IBEX 35 added 73 points, or 0.94%, to close at 7,942.