Stock Markets

European stocks increase for second session


Published: Dec. 11, 2023 at 12:00 p.m. ET

European stocks rose Monday, as the Stoxx Europe 600 index STOXX Europe 600 Index finished up 0.30% to 473.70.

The French CAC 40 index CAC 40 Index added 0.33% to 7,551.53, the German DAX DAX increased 0.21% to 16,794.43 and the FTSE 100 index FTSE 100 Index declined 0.13% to 7,544.89.

Of the Stoxx Europe 600 constituents, health care/life…

European stocks rose Monday, as the Stoxx Europe 600 index

XX:SXXP

finished up 0.30% to 473.70.

The French CAC 40 index

FR:PX1

added 0.33% to 7,551.53, the German DAX

DX:DAX

increased 0.21% to 16,794.43 and the FTSE 100 index

UK:UKX

declined 0.13% to 7,544.89.

Of the Stoxx Europe 600 constituents, health care/life sciences company MorphoSys AG

XE:MOR

saw the largest increase Monday, as shares soared 34.7%.

Shares of printing/publishing firm Schibsted ASA

NO:SCHA

and company Uniper SE

XE:UN01

jumped 14.8% and 12.5%, respectively.

Viaplay Group AB Series B

SE:VPLAY,

a media/entertainment company, and business/consumer services firm Atos SE

FR:ATO

rounded out the top five largest increases as their stocks gained 10.4% and 7.0%, respectively.

Shares of basic materials/resources company Solvay S.A.

BE:SOLB

saw the largest drop among Stoxx Europe 600 constituents, as shares cratered 29.1% on Monday.

Shares of health care/life sciences firm Idorsia Ltd.

CH:IDIA

and company Verbund AG

AT:VER

dropped 5.3% and 4.8%, respectively.

Auto1 Group SE

XE:AG1,

a retail company, and company Puma SE

XE:PUM

rounded out the top five largest decreases as their stocks dropped 4.5% and 4.1%, respectively.

The pound

GBPUSD

was down 0.01% against the dollar, and the euro

EURUSD

was down 0.14%. Brent crude

UK:BRN00

gained 0.20% to $75.99.

The yield on the 10-year gilt

BX:TMBMKGB-10Y

increased 3.80 basis points to 4.079%, and the yield on the German 10-year bund

BX:TMBMKDE-10Y

declined 0.330 basis points to 2.28%.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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