European stock markets closed higher on Monday with an annual increase in the EU services trade.
EU member states exported services worth more than €1.02 billion ($1.04 billion) to countries outside of the EU in 2021, showing a strong increase from €910 million in 2020, Eurostat announced earlier.
The EU trade surplus for services climbed to €133 billion last year – close to the highest level recorded in 2018 – it added.
The STOXX Europe 600, which includes around 90% of the market capitalization of European market in 17 countries, was up 3.21 points, or 0.74%, to finish at 438.93.
The UK's FTSE 100 rose 42 points, or 0.57%, to end the day at 7,482. Germany's DAX 30 added 113 points, or 0.84%, to close the day at 13,687
France's CAC 40 added 52 points, or 0.8%, to finish at 6,524. Italy's FTSE MIB gained 141 points, or 0.62%, to reach 22,727.
Spain's IBEX 35 was the best performer of the day, soaring 104 points, or 1.28%, to 8,272. -
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