The European markets started today with significant gains, rebounding from the pressures they received last week with the investors taking advantage of the falling prices.
The British FTSE 100 index was up by 0.29% at 6,570 points, the German DAX rose by 0.95% at 11,084 points and the French CAC 40 moved up by 1.20% at 5,016 points.
STOXX 600 index recorded profits of 0.88% at 389.62 points.
On the board, the automotive and retail sales sectors recorded significant gains. Hennes & Mauritz AB (OTC:HNNMY) gains by 2.2% after the better than expected data that were released for July sales, while BMW (XETRA:BMWG) was up by 1.7% after Barclays raised its rating on the stock to the equivalent of a buy.
Also, Alstom (PARIS:ALSO) recorded profits of 7.2%, as it is expected that General Electric (NYSE:GE) will get the approval by the European authorities for the acquisition of a part of the assets of the French company.
Airbus Group (PARIS:AIR) recorded profits of 1.9%, as it became known that it received a huge order for the construction of 250 aircraft from the Indian IndiGo.
Turkey: Unemployment Rate Decreased In May
The unemployment rate in Turkey fell at 9.3% in May from 9.6% in April, according to the data that were released by the country's statistical service.
The participation rate in the labor market stood at 51.7%, with 27 million people employed and 2.8 million unemployed.
Last year in the same period the unemployment rate was at 8.8%.