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European equity close: Four days in a row of gains to cap off a weekly rebound

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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