European equity close: A look at the day, week, month and quarter

The month ended with some equity buying in Europe but it wasn’t a pretty picture for the week or September (aside from the UK). I do love when a month ends on a Friday though, so it’s a clean slate for October.

On the day:

• Stoxx 600 +0.5%
• German DAX +0.5%
• France CAC +0.4%
• UK’s FTSE 100 +0.3%
• Spain’s IBEX +0.1%
• Italy’s FTSE MIB +0.4%

On the week:

• Stoxx 600 -0.6%
• German DAX -1.0%
• France CAC -0.6%
• UK’s FTSE 100 -0.8%
• Spain’s IBEX -0.7%
• Italy’s FTSE MIB -1.0%

On the month:

• Stoxx 600 -1.5%
• German DAX -3.4%
• France CAC -2.3%
• UK’s FTSE 100 +2.3%
• Spain’s IBEX -0.6%
• Italy’s FTSE MIB -1.7%

On the quarter:

• Stoxx 600 -2.4%
• German DAX -4.6%
• France CAC 3.5%
• UK’s FTSE 100 +1.2%
• Spain’s IBEX -1.7%
• Italy’s FTSE MIB +0.2%

Year to date gains are in the 2% (UK) to 20% (Italy) range.

When you zoom out to the monthly charts, the weakness lately hasn’t been as bad as the headlines might make it seem.