With support from Sheikha Fatima, UAE to restore Umayyad Mosque in Damascus
Mother of the Nation Endowment for Orphans’ initiative raises AED3.3bn during Ramadan; launches AED1 bn ‘Mother of the Nation City’ project
UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
Brussels, May 20 (QNA) – European stock indexes closed higher today after data from the Office for National Statistics showed that inflation in Britain eased to 2.8 percent in April. Investors also monitored rising US Treasury yields, with the yield on 30-year Treasury bonds climbing above 5.19 percent, its highest level since 2007, while the yield on 10-year bonds approached 4.69 percent.
The STOXX Europe 600 rose 1.51 percent to close at 620.60 points. France’s CAC 40 gained about 1.7 percent to end at 8,117.42 points.
Britain’s FTSE 100 advanced about 1 percent to 10,432.34 points, while Germany’s DAX climbed about 1.4 percent to close at 24,732.28 points. (QNA)
