Closing changes for the main European bourses:
- UK FTSE -0.7%
- German DAX -0.65%
- French CAC -0.6%
- Spain IBEX -1.2%
- Italy MIB -2.7%
- Portugal PSI -4.2%
European shares were a good trade for about the first 5 months of the year but those gains are long gone. The DAX down now 4.4% year-to-date and the PSI is down 15%.
Portugal PSI 20
Italian stocks were once the best performer in the world but are up now just 3.2% ytd.