European equity close: Solid day after ECB picks up the pace

  
Analysis, Global Indices

Closing changes for the main European equity markets

Closing changes for the main European equity markets
  • UK FTSE 100 +0.2%
  • German DAX +0.3%
  • French CAC +0.6%
  • Italy MIB +0.9%
  • Spain IBEX +0.6%
You can see the case for outperformance in the periphery given the step up in the PEPP pace from the ECB. It all looks a bit sluggish compared to the huge gains in the US today. The S&P 500 is up 1.4% and Nasdaq up 2.4%.
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