Cyclical stocks such as carmakers, seen as the big winners of the drop in the euro currency, featured among the biggest gainers, with BMW up 4.4 percent and PSA Peugeot Citroen up 3.7 percent. "The effect of QE is already here, look at the euro," said Alexandre Baradez, chief market analyst at IG France.
"Its drop has been spectacular. It will be a major boost to exports and will lift confidence among company executives. Industrials will be among the top winners."
(In pic) An employee shows fifty-euro notes in a bank in Sarajevo. (Reuters)