August 16, 2024 at 04:44PM
On the day:
Stoxx 600 +0.3%
German DAX +0.8%
Francis CAC +0.4%
UK’s FTSE 100 -0.4%
Spain’s Ibex +0.6%
Italy’s FTSE MIB +2.0%
Italy posted some strong outperformance today while the UK struggled.
On the week:
Stoxx 600 +2.4%
German DAX +3.4%
Francis CAC +2.7%
UK’s FTSE 100 +5.0%
Spain’s Ibex +2.9%
Italy’s FTSE MIB +4.0%
The STOXX 600 is up 6.4% from the lows last week and is on a solid winning streak. It would have been particularly bullish to get a close above last week’s opening levels but the bulls will take what they can get.
This article was written by Adam Button at www.forexlive.com.
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