Econintersect: Of the ten major European stock markets, only Oslo managed a strong gain for the week ending March 4, 2011, on Norway’s strength as an oil producer. The rest of Europe (and the world) struggled to deal with surging oil prices. The Oslo bourse recorded a gain of 1.6% for the week. The two other bourse with gains were in the low countries, with Amsterdam and Brussels each advancing by 0.3%.Madrid was the biggest loser last week, with a decline of 3.1%, putting a big dent in its prior year-to-date advance which has had it ranked as the biggest gainer of 2011 for many weeks for the 30 major global indexes tracked by GEI News.
The summary for the week and year-to-date: