European Market Wrap: Markets Go Nuts After Bailout

European exchanges and some of Europe’s biggest banks have benefited grossly from the ECB’s bailout of the eurozone’s fringe members, as the threat of Greek contagion abates.

BNP Paribas (France) Up around 20%

Societe Generale (France) Up around 24%

Santander (Spain) Up around 20%

Deutsche Bank (Germany) Up around 12%

Spain IBEX, Up around 13.5%

IBEX 510

French CAC, Up around 8.9%

CAC 510

German DAX, Up around 4.7%

DAX 510

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at