European equity markets finish the week with gains greater than 10%

  


Massive week for European stock markets

Closing changes for the main bourses:

  • German DAX +3.4%
  • UK FTSE 100 +2.2%
  • Italy MIB +2.7%
  • French CAC +3.5%
  • Spain IBEX +4.2%

On the week:

  • German DAX +9.1%
  • UK FTSE 100 +6.6%
  • Italy MIB +10.9%
  • French CAC +10.4%
  • Spain IBEX +10.9%

When tack on a 2% rally in EUR/USD the gains look even better. With gains like this you can see why money is flowing into the euro.

The run in Italian stocks has been spectacular:

Italy MIB chart

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