European equity close: Gains, but not the strong gains from earlier | Forexlive
Closing changes:
- Stoxx 600 +0.4%
- German DAX +0.5%
- UK FTSE 100 +0.8%
- French CAC +0.8%
- Italy MIB +1.3%
- Spain IBEX +0.5%
There was a strong opening gap higher in the DAX but it faded in US trade and we ended up closing in the gap.
DAX intraday
Italian stocks rebounded slowly after the government scaled back a plan to put windfall taxes on banks.