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EU stock exchanges, after this week's correction Madrid snatches the pink jersey from Piazza Affari

The heavy correction of the last week (-5,74%) cost Piazza Affari the loss of the pink jersey among the major EU stock exchanges, which it had held since the beginning of the year. The latest declines have practically wiped out the 2014 gains of the Ftse Mib index which has only risen by 1,19% since the beginning of the year. Madrid's Ibex35 bypasses it, gaining 2%.

EU stock exchanges, after this week's correction Madrid snatches the pink jersey from Piazza Affari

Last week's correction was fatal for the Italian stock exchange. The Ftse Mib index not only lost 5,74% but also lost the pink jersey among the major European Union indexes which it had held since the beginning of 2014. It was snatched by the Ibex35 of Madrid which, despite losing during the week, 3,89%, is up this year by 2% against 1,19% for the Ftse Mib.

On the other hand, the lists of the three major European financial centers are all in negative territory: London (-2,44% for the Ftse100), Paris (-2,99% for the Cac40) and Frankfurt (-5,68% for the Dax30).

Among the minor European Stock Exchanges, the performances of Turkey (+16,49%), Norway (+7,72%) and Belgium still stand out. 

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