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European Stock Weekly Review Highlights Negative Trend

European Stock Market

In the Outgoing week, the European stock market displayed a losing performance.

Here is the data on the weekly performance of the European Stock Market, The STOXX Europe 600 index, which is considered a leading benchmark for the European market and covers approximately 90 percent of the market capitalization across 17 countries, reported a  slight hike of 7.52 points to close at 469.24..

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant drop, losing 163 points or finishing the session at 7,461.

In Germany, the DAX 30 index, added by 149 points to reach 16,555, while France’s CAC 40 decreased by 94 points to stop at 7,371 at the end of the trading day.

Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, lost 187 points to 30,283. However, Spain’s IBEX 35, decreased by 236 points, to close at 9,858.

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