Stock Markets

European stocks gain for second day


Published: Dec. 27, 2023 at 12:00 p.m. ET

European stocks climbed Wednesday, as the Stoxx Europe 600 index STOXX Europe 600 Index finished up 0.21% to 478.62.

The FTSE 100 index FTSE 100 Index added 0.36% to 7,724.95, the German DAX DAX added 0.21% to 16,742.07 and the French CAC 40 index CAC 40 Index was flat at 7,571.82.

Among Stoxx Europe 600 constituents, health care/life sciences…

European stocks climbed Wednesday, as the Stoxx Europe 600 index

SXXP

finished up 0.21% to 478.62.

The FTSE 100 index

UKX

added 0.36% to 7,724.95, the German DAX

DAX

added 0.21% to 16,742.07 and the French CAC 40 index

PX1

was flat at 7,571.82.

Among Stoxx Europe 600 constituents, health care/life sciences company Idorsia Ltd.

IDIA

saw the largest increase Wednesday, as shares jumped 11.4%.

Shares of health care/life sciences firm Orpea S.A.

ORP

and retail company THG PLC

THG

gained 11.2% and 6.5%, respectively.

Siemens Energy AG

ENR

,
an industrial goods company, and real estate business Aroundtown S.A.

AT1

rounded out the top five largest increases as their stocks rose 5.4% and 5.3%, respectively.

Shares of company Uniper SE

UN0

saw the largest decline of the Stoxx Europe 600 constituents, as shares dropped 8.8% on Wednesday.

Shares of leisure/arts/hospitality firm Carnival PLC

CCL

and transportation/logistics company A.P. Moeller-Maersk A/S Series B

MAERSK.B

fell 5.7% and 4.7%, respectively.

Viaplay Group AB Series B

VPLAY.B

,
a media/entertainment company, and real estate/construction business Nibe Industrier AB Series B

NIBE.B

rounded out the top five largest decreases as their stocks dropped 2.5% and 2.3%, respectively.

The pound

GBPUSD

was up 0.55% against the dollar, and the euro

EURUSD

was up 0.62%. Brent crude

BRN00

weakened 1.30% to $79.80.

The yield on the 10-year gilt

TMBMKGB-10Y

declined 6.78 basis points to 3.434%, and the yield on the German 10-year bund

TMBMKDE-10Y

fell 6.590 basis points to 1.90%.


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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