Major European indices close higher. Another solid week for the major indices ...Middle East

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A snapshot of the closing levels shows:

German DAX rose 2.62%. For the trading week the index was up 3.8% last week the index rose 4.89%Francis CAC rose 2.33%. For the trading week the index rose 3.11%.UK FTSE 100 rose 1.17%. For the week the index rose 2.15%Spain's Ibex rose 1.20%. For the week the index rose 0.68%, but closed at its highest level going back to 2008Italy's FTSE MIB rose 1.92%. For the week the index rose 2.62%.

German DAX is up 15.96%Francis CAC is up 5.28%UK FTSE 100 is up 5.18%Spain's Ibex is up 15.97%Italy's FTSE MIB is up 12.12%

By way of comparison, the US major indices are lower on the year:

Dow industrial average -2.80%S&P index -3.18%NASDAQ index -6.62% This article was written by Greg Michalowski at www.forexlive.com.

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