European markets closed higher on Friday as positive momentum continued into the end of the week.
The pan-European Stoxx 600 index was up by 0.8% by the close. Mining stocks and utilities led gains and were up 1.3% and 1.5% respectively.
All major bourses were in the green, with the Stoxx 600, as well as Germany’s Dax, France’s CAC 40 and the U.K.’s FTSE 100 notching fresh record highs.
“As equities do we’re looking to the future I think. Generally speaking investors are seeing a brighter future ahead for European markets and they’re reflecting that now,” Daniel Morris, chief market strategist at BNP Paribas Asset Management told CNBC’s “Squawk Box Europe” on Friday.
The U.K. economy emerged from a recession, first-quarter gross domestic product data released Friday showed. GDP rose 0.6% on the previous three months — above the 0.4% estimate. The U.K. had entered a shallow recession in the second half of 2023.
Russia is waging a "reckless campaign of sabotage" across Europe, the heads of MI6 and the CIA have warned in their first-ever joint remarks.Sir
Institution: Montana Board of InvestmentsHeadquarters: Helena, USAUM: $27.9 billionAllocation to infrastructure: 1.68%
Arjun Infrastructure Partners, a European infrastructure fund manager, has received licensing as an E.U. alternative investment fund ma
Governments doing the right thing Signs are starting to emerge of policymakers moving in the right direction. Over the past year, there has been growing a