European stock markets are moving positively on Friday, with indices heading for the seventh consecutive week of gains, boosted by strong corporate results and estimates that the European Central Bank will not rush to withdraw stimulus measures despite the rally of inflation the last months.
On the board, the pan-European STOXX 600 index rose 0.4% to 489.73 points.
The German DAX also gained 0.4% to 16,281.39 points, the French CAC-40 strengthened 0.5% to 7,181.03 points, while the British FTSE 100 rose 0.4% to 7,285.76 points.
In the region, the Italian FTSE MIB rose 0.4%, while the Spanish IBEX-35 gained 0.5%.
The particularly easing direction of the ECB and a strong period of corporate profits fueled the upward rally of recent weeks that led the indices to new all-time highs in recent days.
In business developments, the French luxury goods group Hermes jumps 3.7% to a record high amid reports that it may be added to the Eurostoxx 50 index as part of its December review.
.

I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.