European equity close: Big gains across the board

  • Great day for Europe as it cheers China stimulus
STOXX 600 daily chart
STOXX 600 daily

Closing changes:

  • Stoxx 600 +1.1%
  • German DAX +1.6%
  • France's CAC +2.2%
  • UK's FTSE 100 flat
  • Spain's IBEX +1.4%
  • Italy's FTSE MIB +1.5%

Europe is a heavy exporter to China and some stimulus from Beijing is certainly welcome. The euro has been slow to respond but is also ticking higher now.

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