The Spanish Blue Chip stock index, the IBEX 35 closed down almost 0.9 percent Tuesday, but still closed positive for May. The IBEX 35 closed up 3 percent for the month. Stocks fell Tuesday after Inflation in the Eurozone accelerated to 8.1% in May from 7.4% in April, beating expectations for 7.7%. The IBEX in 2021 was up 7.9% in 2021, the worse performing European stock market. in 2022 we are seeing an improvement in the relative performance. Inflation concerns … Continue reading “Spain’s IBEX 35 Strongest European Bourse in May, closes Up 3% for the Month”
France’s CAC 40 Weakest European Bourse in May, closes Down 1% for the Month
The French Blue Chip stock index, the CAC 40 closed down almost 1.6 percent Tuesday, putting it negative for May. The CAC40 closed down 1 percent for the month after Inflation in the Eurozone accelerated to 8.1% in May from 7.4% in April, beating expectations for 7.7%. The CAC in 2021 had its best showing in over 20 years after closing the last day of the year down 0.9% to 7,153. A strong reversal from being down 7.1% in 2020. … Continue reading “France’s CAC 40 Weakest European Bourse in May, closes Down 1% for the Month”
France’s CAC 40 Bourse Lead Europe Higher in 2021 up 29% For the Year
The French Blue Chip stock index, the CAC 40 soared almost 29 percent in 2021, its best showing in over 20 years after closing the last day of the year down 0.9% to 7,153. A strong reversal from being down 7.1% in 2020. The CAC recovered from bouts of panic selling on the back of the coronavirus pandemic. France’s stocks were the best performing in Europe. CAC40 For 2021 The CAC 40 Index closed at 7,153 on the final trading … Continue reading “France’s CAC 40 Bourse Lead Europe Higher in 2021 up 29% For the Year”
France CAC 40 Bourse Closed Down 7.1% in 2020 on Fear and Uncertainty
The French Blue Chip stock index the CAC 40 closed the last day of the year down 0.9% to 5,565 and down 7.1% for 2020. The CAC recovered from the panic selling in March to a 4-year low on the back of the coronavirus pandemic and subsequent lockdowns. France’s stocks were well off the record highs seen in Germany and the US in 2020 but performed better than the UK and Spain.