European indices close mostly higher. France’s CAC falls

The major European stock indices are closing mostly higher. The France’s CAC is the only decliner on the day.

A snapshot of of the closing levels shows:

• German DAX rose 74.04 points or 0.31% at 24007.28. For the trading week, the index reached a new record high of 24225.97. The index is up 1.6% this week
• France’s CAC felt -27.82 points are -0.36% at 7751.90. For the trading week, the index rose 0.23%.
• UK’s FTSE 100 rose 55.91 points or 0.64% at 8772.37. For the trading week, the index rose 0.62%.
• Spans Ibex rose 35.58 points or 0.25% at 14152.19. For the trading week, the index closed marginally higher by 0.34%.
• Italy’s FTSE 100 rose 104.41 points or 0.26% at 40087.39. For the trading week, the index rose 1.55%.

For the month:

• German DAX, +6.71% and represents its best months since January when the index rose 9.16%
• France’s CAC rose 2.08%
• UK’s FTSE 100 rose 3.27%.
• Spains Ibex rose 6.51%. The price high this month reached a new high going back to 2007
• Italy’s FTSE MIB 100 rose 6.60%. They price high this month reached its highest level since 2007

This article was written by Greg Michalowski at www.forexlive.com.