Major indices also closed down sharply on the week

It was not a good day for the European stock markets with all the major indices closing over -1.1% on the day.

The provisional closes are showing:

  • German DAX -1.22%
  • France's CAC, -1.1%
  • UK's FTSE 100, -1.4%
  • Spain's Ibex, -1.1%
  • Italy's FTSE MIB, -2.29%

For the week, the major indices had sharp falls as well. The provisional changes for the week show:

  • German DAX, -4.3%
  • France's CAC, -3.5%
  • UK's FTSE 100 -4.0%
  • Spain's Ibex, -1.9%
  • Italy's FTSE MIB, -3%

For the month of January, major indices were also negative. The provisional changes for the month show:

  • German DAX, -2%
  • France's CAC, -2.87%
  • UK's FTSE 100, -3.4%
  • Spain's Ibex, -1.76%
  • Italy's FTSE MIB, -1.15%

Not a good day, not a good week, and not a good start to the year for the European indices.