Monday, February 6, 2023
HomeMarketEuropean stocks decrease for second day

European stocks decrease for second day

- Advertisement -

European stocks decreased Monday, as the Stoxx Europe 600 index
SXXP,
-0.65%
closed down 0.65% to 437.85.

The German DAX
DAX,
-1.09%
dropped 1.09% to 14,383.36, the French CAC 40 index
PX1,
-0.70%
weakened 0.70% to 6,665.20 and the FTSE 100 index
UKX,
-0.17%
dropped 0.17% to 7,474.02.

Of the Stoxx Europe 600 constituents, chemicals company Brenntag SE
BNR,
-9.65%
saw the largest drop Monday, as shares dropped 9.7%

Shares of footwear firm Dr. Martens PLC
DOCS,
-6.98%
and industrial/office reits company alstria office REIT-AG
AOX,
-6.65%
dropped 7.0% and 6.7%, respectively.

Orron Energy AB
ORRON,
-6.13%,
an oil extraction company, and publishing firm Future PLC
FUTR,
-5.89%
rounded out the top five largest decreases as their stocks declined 6.1% and 5.9%, respectively.

Uniper SE
UN01,
+14.54%,
a multiutilities company, saw the largest increase among Stoxx Europe 600 constituents, as shares jumped 14.5% on Monday.

Shares of software firm Samhaellsbyggnadsbolaget i Norden AB Series B
SBB.B,
+4.15%
and general mining company Polymetal International PLC
POLY,
+3.61%
gained 4.2% and 3.6%, respectively.

MorphoSys AG
MOR,
+3.51%,
a biotechnology company, and internet/online firm Prosus N.V.
PRX,
+3.42%
rounded out the top five largest increases as their stocks added 3.5% and 3.4%, respectively.

The pound
GBPUSD,
-0.61%
was down 0.55% against the dollar, and the euro
EURUSD,
-0.24%
was down 0.20%. Brent crude
US:BRN00
rose 0.26% to $83.93.

The yield on the 10-year gilt
TMBMKGB-10Y,
3.127%
increased 0.73 basis points to 3.127%, and the yield on the German 10-year bund
TMBMKDE-10Y,
1.995%
rose 1.900 basis points to 2.00%.


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

RELATED ARTICLES
- Advertisment -

Most Popular