European exchanges closed in positive territory on Wednesday. At the end of the day index DAX (Germany) climbed 0.47%, FTSE 100 (UK) climbed 1.14%, CAC 40 (France) - by 0.9%. The growth driver was positive financial reports of large companies and economic news. July statistics showed an increase in the composite index of business activity in the industrial sector of the eurozone by 6.4 points in comparison with the previous month. This figure was 54.9 point, which was the maximum value in more than 2 years. Commerzbank's financial results in the second quarter were above analysts' forecasts. The bank's profit amounted to 220 million euros against the expected 95 million euros. This news pushed prices for the bank's shares are up - yesterday they added 4.9%. In addition, the stock indices were positively influenced by increase in oil prices - during yesterday they showed an increase of 3%.