European stock exchanges mostly rose on the reduction of geopolitical risks
By The Forex Review - 25 / March / 22 490
Dominick Bell
The main stock exchanges in Europe on Friday closed mostly with growth on a slight easing of concerns about the geopolitical situation in the world, according to trading data.
Following the results of trading, the British FTSE 100 index rose by 0.21% to 7,483.35 points, the French CAC 40 fell by a symbolic 0.03% to 6,553.68 points, the German DAX increased by 0.22% to 1,4305.76 points.
According to Oanda analyst Craig Erlam, quoted by the Wall Street Journal, the initial shock caused by the escalation of the Ukrainian conflict has passed, and now the markets have taken into account all possible risks.
The expert believes that in the absence of significant events, as well as if new rounds of geopolitical tension do not spin, the situation on the stock markets will be calm.
At the end of the week, European indices showed mixed dynamics – the FTSE 100 increased by 1%, while the CAC 40 and DAX declined by 1% and 0.8%, respectively. For the British indicator, this is the third week of growth in a row.
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