European major indices close lower. ...Middle East

European indices are ending the day down as the aftermath of the elections continue to bother investors. France will have trouble forming a government given their mix. The UK Labour take charge after 14 years of a Tory rule. Uncertainty in lead to selling and that is what we've seen in the equity market today in Europe. The final numbers are showing: German DAX, -1.28%France CAC -1.56%UK FTSE 100 -0.65%Spain's Ibex -1.2%Italy's FTSE MIB -1.12%Looking at the daily chart of the France's CAC, the price today gapped below the 200-day MA at 7632.51, and stayed below that MA for the entire trading day. The low price from June reached 7456.47 and will be the next key target. Thi

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Last updated : 09 July 2024 clock 07:28 PM

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European major indices close lower. ...Middle East

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