Stock Markets

European stocks rise for first time in two days


Published: Dec. 14, 2023 at 1:45 p.m. ET

European stocks increased Thursday, as the Stoxx Europe 600 index STOXX Europe 600 Index finished up 0.87% to 476.57.

The FTSE 100 index FTSE 100 Index gained 1.33% to 7,648.98, the French CAC 40 index CAC 40 Index added 0.59% to 7,575.85 and the German DAX DAX was flat at 16,752.23.

Among Stoxx Europe 600 constituents, technology company…

European stocks increased Thursday, as the Stoxx Europe 600 index

SXXP

finished up 0.87% to 476.57.

The FTSE 100 index

UKX

gained 1.33% to 7,648.98, the French CAC 40 index

PX1

added 0.59% to 7,575.85 and the German DAX

DAX

was flat at 16,752.23.

Among Stoxx Europe 600 constituents, technology company Samhaellsbyggnadsbolaget i Norden AB Series B

SBB.B

saw the largest increase Thursday, as shares jumped 15.5%.

Shares of investing/securities firm EQT AB

EQT

and technology company ams-OSRAM AG

AMS

surged 14.3% and 13.5%, respectively.

Future PLC

FUTR

,
a printing/publishing company, and company Corbion N.V.

CRBN

rounded out the top five largest increases as their stocks surged 12.8% and 12.8%, respectively.

Shares of insurance company Hannover Rueck SE

HNR1

saw the largest decrease among Stoxx Europe 600 constituents, as shares declined 5.7% on Thursday.

Shares of insurance firm Muenchener Rueckversicherungs-Gesellschaft AG

MUV2

and banking/credit company Banco de Sabadell S.A.

SAB

dropped 5.7% and 5.1%, respectively.

Viaplay Group AB Series B

VPLAY.B

,
a media/entertainment company, and insurance business Swiss Re AG

SREN

rounded out the top five largest decreases as their stocks fell 4.7% and 4.6%, respectively.

The pound

GBPUSD

was up 1.08% against the dollar, and the euro

EURUSD

was up 1.05%. Brent crude

BRN00

gained 3.78% to $77.07.

The yield on the 10-year gilt

TMBMKGB-10Y

fell 4.90 basis points to 3.785%, and the yield on the German 10-year bund

TMBMKDE-10Y

declined 5.860 basis points to 2.12%.


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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