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> Economy

European stock market closes financial day with profits

After a slight drop of the automakers

Newsroom July 29 10:26

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European stocks closed with profits as investors were looking at corporate profits and new sanctions against Russia.

The pan-European FTS Eurofirst 300 closed 0.3% higher at 1,373.

The markets surged after the opening of Wall positive territory, with some of the corporate profits of Dow being lower than expected, causing a drop in profits during the day.

In London the FTSE 100 strengthened 0.29% to 6,808 points, the DAX in Frankfurt rose 0.58% to 9,654 points, while in Paris the CAC 40 recorded gains of 0.49% at 4,366 units.

In Milan, the FTSE MIB index rose 0.70% to 21,085 units while in Madrid, the IBEX 35 strengthened 0.19% to 10,901 units.

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Union of Greek Shipowners donates €700,000 to new chronic care facility in Kilkis

The Stoxx 600 recorded gains of 0.19% at 342 units.

The share of the UK Next strengthened 2.61% after announcing that its sales will be increased by 10 this year compared with previous estimates for a 5.5% increase to 9.5% or less.

The Teleperformance rallied 9.31%, and raised its guidance for the year sales increase of 7% for 2014.

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