Stock Markets

European stocks extend positive streak for third session


Published: Jan. 26, 2024 at 12:00 p.m. ET

European stocks climbed Friday, as the Stoxx Europe 600 index STOXX Europe 600 Index finished up 1.11% to 483.84.

The French CAC 40 index CAC 40 Index gained 2.28% to 7,634.14, the FTSE 100 index FTSE 100 Index rose 1.40% to 7,635.09 and the German DAX DAX rose 0.32% to 16,961.39.

Of the Stoxx Europe 600 constituents, media/entertainment…

European stocks climbed Friday, as the Stoxx Europe 600 index

SXXP

finished up 1.11% to 483.84.

The French CAC 40 index

PX1

gained 2.28% to 7,634.14, the FTSE 100 index

UKX

rose 1.40% to 7,635.09 and the German DAX

DAX

rose 0.32% to 16,961.39.

Of the Stoxx Europe 600 constituents, media/entertainment company Viaplay Group AB Series B

VPLAY.B

saw the largest increase Friday, as shares surged 19.2%.

Shares of firm Remy Cointreau S.A.

RCO

and health care/life sciences company Lonza Group AG

LONN

surged 15.2% and 14.4%, respectively.

MorphoSys AG

MOR

,
a health care/life sciences company, and company LVMH Moet Hennessy Louis Vuitton SE

MC

rounded out the top five largest increases as their stocks jumped 13.8% and 12.8%, respectively.

Shares of company RWE AG

RWE

saw the largest drop among Stoxx Europe 600 constituents, as shares weakened 6.0% on Friday.

Shares of investing/securities firm Worldline S.A.

WLN

and industrial goods company Signify N.V.

LIGHT

fell 5.2% and 5.2%, respectively.

Centrica PLC

CNA

,
a company, and technology business BE Semiconductor Industries N.V.

BESI

rounded out the top five largest decreases as their stocks declined 4.6% and 4.1%, respectively.

The pound

GBPUSD

was up 0.06% against the dollar, and the euro

EURUSD

was up 0.17%. Brent crude

BRN00

declined 1.09% to $81.07.

The yield on the 10-year gilt

TMBMKGB-10Y

fell 1.95 basis points to 3.972%, and the yield on the German 10-year bund

TMBMKDE-10Y

increased 0.990 basis points to 2.30%.


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.



Source link

Leave a Reply