Closing changes for the main European bourses

It was an ugly one in Europe with Germany leading the way lower:

  • DAX -4.6%
  • UK FTSE 100 -3.5%
  • French CAC -3.9%
  • Italy MIB -3.6%
  • Spain IBEX -3.6%

This is an ugly-looking candle but German stocks still haven't given back the August gains.

DAX chart

The picture is bleaker in France, where the CAC-40 is threatening the worst levels since June and has come nowhere close to retracing the March move.

CAC 40