Free Trial

EU Bank stock up 8.74%

EQUITIES
  • Nothing too fast, but Bank stocks (SX7E) has regained 8.74% from last Friday's low, and the index closed last week's gap yesterday and is extending gains this morning.
  • Regardless, SX7E is still some way short of where it was trading at 116.41 on the 9th March.
  • Next resistance is seen at 105.67, last week's high.

Chart source: MNI/Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.