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European Stock Weekly Review Highlights Negative Trend

European stock

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 gain of 14.98 points to close at 497.95.

The United Kingdom’s FTSE 100, one of the most widely followed indices in Europe, also showed a significant hike, losing 111 points or finishing the session at 8,174.

In Germany, the DAX 30 index, losses by 756 points to reach 17,661, while France’s CAC 159 decreased by 266 points to stop at 7,251 at the end of the trading day.

Italy’s FTSE MIB, which covers the top 40 stocks traded on the Milan Stock Exchange, decreased by 1,794 points to 32,018. However, Spain’s IBEX 35, lost by 493 points, to close at 10,672.

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