Stock Markets

European stocks extend winning streak for third day


Published: Feb. 16, 2024 at 12:00 p.m. ET

European stocks finished up Friday, with the Stoxx Europe 600 index STOXX Europe 600 Index rising 0.62% to 491.59.

The FTSE 100 index FTSE 100 Index increased 1.50% to 7,711.71, the German DAX DAX added 0.42% to 17,117.44 and the French CAC 40 index CAC 40 Index increased 0.32% to 7,768.18.

Among Stoxx Europe 600 constituents, mining & metals…

European stocks finished up Friday, with the Stoxx Europe 600 index

SXXP

rising 0.62% to 491.59.

The FTSE 100 index

UKX

increased 1.50% to 7,711.71, the German DAX

DAX

added 0.42% to 17,117.44 and the French CAC 40 index

PX1

increased 0.32% to 7,768.18.

Among Stoxx Europe 600 constituents, mining & metals company Metso Oyj

METSO

saw the largest increase Friday, as shares increased 9.0%.

Shares of banking/credit firm NatWest Group PLC

NWG

and mining & metals company Antofagasta PLC

ANTO

added 7.1% and 5.7%, respectively.

Rexel S.A.

RXL

,
an industrial goods company, and health care/life sciences business Eurofins Scientific SE

ERF

rounded out the top five largest increases as their stocks increased 4.7% and 4.3%, respectively.

Shares of real estate/construction company Nibe Industrier AB Series B

NIBE.B

saw the largest drop of the Stoxx Europe 600 constituents, as shares plunged 13.4% on Friday.

Shares of motor vehicles firm Renault S.A.

RNO

and technology company Temenos AG

TEMN

fell 4.7% and 4.6%, respectively.

Fortnox AB

FNOX

,
a technology company, and transportation/logistics firm A.P. Moeller-Maersk A/S Series B

MAERSK.B

rounded out the top five largest decreases as their stocks declined 4.1% and 3.4%, respectively.

The pound

GBPUSD

was down 0.10% against the dollar, and the euro

EURUSD

was down 0.03%. Brent crude

BRN00

added 0.48% to $83.26.

The yield on the 10-year gilt

TMBMKGB-10Y

rose 6.41 basis points to 4.111%, and the yield on the German 10-year bund

TMBMKDE-10Y

rose 4.260 basis points to 2.41%.


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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