Technical Analysis

European shares close higher. France’s CAC trades closes at a new high going back to 2000

Solid week for the major indices as well

The European shares a closing higher with the German DAX rising 1.2% leading the way. The major indices also closed higher for the week.

A look at the provisional closes shows:

  • German DAX, +1.2%
  • France’s CAC +0.3%
  • UK’s FTSE 100, +0.7% 
  • Spain’s Ibex, +0.8%
  • Italy’s FTSE MIB,  +0.35%

For the week, the major indices also are ending higher on the week

  • German DAX, +1.6%
  • France’s CAC, +1.65%
  • UK FTSE 100, +2.3%
  • Spain’s Ibex, +2.6%
  • Italy’s FTSE MIB +1.8%

The CAC index is closing at the highest level since October 2020.

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