European major indices close lower on the day

Technical Analysis

German Dax -0.3%

The major European indices are closing the day lower. A snapshot of the provisional closes shows:

  • German Dax, -0.3%
  • France’s CAC, -0.1%
  • UK FTSE 100 , -0.1%
  • Spain’s Ibex, -0.4%
  • Italy’s FTSE MIB, -0.1%

The this is are lower but off lowest levels of the day. The low percentage changes intraday showed:

  • German Dax -1.04%
  • Frances CAC, -0.64%
  • UK’s FTSE 100, -0.69%
  • Spain’s Ibex -1.0%
  • Italy’s FTSE MIB, -0.71%

For the week, the major indices are closing lower (Spain’s Ibex was near unchanged).

  • German Dax, -1.1%
  • France’s CAC, -0.47%
  • UK’s FTSE 100, -1.22% 
  • Spain’s Ibex, unchanged 
  • Italy’s FTSE MIB, -1.5%

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