A look at European stocks close

News
Wednesday, August 12, 2020 - 17:03
Point Trader Group

 European stocks recorded a strong performance during trading today, Wednesday, led by the British index, which was able to achieve strong profits in light of the positive news about the trade agreement between the United States and Britain, despite the negative economic data in Britain, especially the data of the preliminary reading of the GDP index during the second quarter. Which came worse than expected.

The British FTSE 100 rose 2.2% and was the most profitable among European stocks. The Italian FTSE MIB Index rose by 1.0% during the trading session. Also, the German DAX 30 index and the French CAC 40 index rose by 1% each at the close.

Finally, the Spanish Ibex index came in last place, and it was the least profitable index among European stocks, with a rate of only 0.4%, in conjunction with the escalation of fears about the outbreak of the Corona virus in Spain again.


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