Forecasters say 2016 will be a record year for European shares

Stock market strategists expect a 16% rally in European shares

23rd December, 2015
The Frankfurt Stock Exchange

European stock market strategists say 2016 is when their predictions that didn’t work in 2015 will come true.

The Stoxx Europe 600 Index will rally 16 per cent from Tuesday’s close to surpass its April record, according to the average of 10 forecasts compiled by Bloomberg. Commerzbank, one of the most accurate at estimating the gauge’s trajectory over the last two years, expects the equities to jump 18 per cent in 2016, helped by the...

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