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European stock markets open higher on December 29

The European stock markets have opened the last session of the year with increases of around 0.30% after the moderate declines recorded yesterday at the close, and after Wall Street closed this Thursday in mixed territory and its main indicator, the Dow Jones Industrials, will reach a new high at the close.

The place that increases the most is Paris, 0.37%, followed by Milan and Madrid, both with 0.33%; Frankfurt, with 0.28%, and London, with 0.10%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, also gained 0.38%.

In Asia, the Nikkei in Tokyo ended today with a drop of 0.22%, while the Seoul Stock Exchange did not operate due to closures for the end of the year.

Wall Street ended yesterday in mixed territory and its main indicator, the Dow Jones Industrial Average, rose 0.14%, reaching a new closing high.

The most notable data from this Friday’s session is inflation in Spain, where prices rose by 3.1% in December, one tenth less than in November, due to the stability of non-food and beverage prices. alcoholic beverages, and to the evolution of electricity.

Regarding debt, the interest on the long-term German bond, considered the safest, rises and stands at 1.940%, while the Spanish one falls to 2.888%.

Regarding raw materials, gold is down 0.16% and the price per ounce is trading at $2,080, while oil is up.

In the case of Brent, the reference in Europe, 0.65% to 77.65 dollars per barrel, while the reference in the US, West Texas Intermediate (WTI), climbs to 0.47 % to 72.11 dollars a barrel, before the official opening of the market.

The euro advances 0.02% compared to the “greenback” and is trading at $1.106.

Source: Elcomercio

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