European stocks recorded weekly losses despite their gains on Friday; As a result of investors' concern about the deteriorating economic outlook and the path of interest rates, at a time when the focus is on the Federal Reserve's possible move next week.
The European STOXX 600 index closed 0.2 percent higher, breaking a seven-day losing streak. In contrast, it recorded a decrease of 0.8 percent during the week; According to the Saudi Press Agency, SPA.
Shares of luxury goods company LVMH rose 2.2 percent, raising the personal and household goods sector by the highest rate of 1.1 percent.
The travel and leisure sector in Europe also rose 1.4 percent; Following its decline during the previous three sessions.
The main London Stock Exchange index (FTSE 100) closed today with an increase of 0.49 percent.
The index - which includes the 100 largest companies on the London Stock Exchange - recorded gains equivalent to 36.47 points, reaching 7,478.19 points.
