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HomeMarketEuropean stocks continue positive streak, rise for second session

European stocks continue positive streak, rise for second session

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European stocks finished higher Wednesday, with the Stoxx Europe 600 index
SXXP,
+0.28%
increasing 0.28% to 459.46.

The German DAX
DAX,
+0.60%
added 0.60% to 15,412.05, the FTSE 100 index
UKX,
+0.26%
rose 0.26% to 7,885.17 and the French CAC 40 index
PX1,
-0.18%
fell 0.18% to 7,119.83.

Of the Stoxx Europe 600 constituents, banking company ABN AMRO Bank N.V.
ABN,
+11.42%
saw the largest increase Wednesday, as shares surged 11.4%.

Shares of consumer goods firm Pandora A/S
PNDORA,
+10.63%
and fossil fuels company Neste Oyj
NESTE,
+10.62%
jumped 10.6% and 10.6%, respectively.

Millicom International Cellular S.A.
TIGO,
+10.32%,
a telephone systems company, and fossil fuels firm Equinor ASA
EQNR,
+6.85%
rounded out the top five largest increases as their stocks increased 10.3% and 6.9%, respectively.

Shares of real estate/construction company Rockwool A/S Series B
ROCK.B,
-16.82%
saw the largest decline of the Stoxx Europe 600 constituents, as shares tumbled 16.8% on Wednesday.

Shares of investing/securities firm Adyen N.V.
ADYEN,
-16.24%
and health care/life sciences company Orpea S.A.
ORP,
-13.46%
tumbled 16.2% and 13.5%, respectively.

Svenska Handelsbanken Series A
SHB.A,
-8.60%,
a banking/credit company, and motor vehicle parts firm Nokian Renkaat Oyj
TYRES,
-8.23%
rounded out the top five largest decreases as their stocks declined 8.6% and 8.2%, respectively.

The pound
GBPUSD,
+0.42%
was up 0.36% against the dollar, and the euro
EURUSD,
+0.09%
was up 0.06%. Brent crude
BRN00,
+0.62%
added 0.65% to $84.23.

The yield on the 10-year gilt
TMBMKGB-10Y,
3.319%
rose 0.32 basis points to 3.320%, and the yield on the German 10-year bund
TMBMKDE-10Y,
2.360%
increased 1.780 basis points to 2.36%.


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.

Credit: marketwatch.com

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