Major indices up sharply
The flow funds into the European markets continue today with sharp moves to the upside in the major indices. A look at the provisional closes are showing:
- German DAX, +2.1%
- France’s CAC, +2.4%
- UK’s FTSE 100,
- Spain’s Ibex +2.8%
- Italy’s FTSE MIB, +2.8%
For the year, the European shares are still down sharply:
- German Dax -2.2%
- France’s CAC, -15.9%
- UKs FTSE -18.4%
- Spain’s Ibex, -24%
- Italy’s FTSE MIB, -14.05%