Which European stock market should you invest in at the moment?

Last Update: 09/05/2026

Which European stock market should you invest in at the moment? We try to answer this question by comparing the five main European stock markets: Milan, Paris, London, Frankfurt and Madrid. The results help us to understand how investors view the macroeconomic outlook for each country and can also be interpreted as a kind of indicator of perceived risk for each country.

Summary

One week evaluation (short term)

The overall score obtained by individual assets in the last week. This is a short-term indication

Italy
0.7150
Germany
0.4550
Spain
0.3450
France
0.2500
UK
0.0700

Evaluation at 3 weeks (short term)

The 3-week average of the overall scores obtained by individual assets. This is a short-term indication but less volatile than the one-week figure

Italy
0.6767
Germany
0.4583
Spain
0.3133
France
0.2983
UK
0.1033