Thursday, February 9, 2023
HomeMarketEuropean stocks extend losing streak for third day

European stocks extend losing streak for third day

- Advertisement -

European stocks sunk Tuesday, as the Stoxx Europe 600 index
SXXP,
-0.13%
finished down 0.13% to 437.29.

The German DAX
DAX,
-0.19%
dropped 0.19% to 14,355.45, the French CAC 40 index
PX1,
+0.06%
was flat at 6,668.97 and the FTSE 100 index
UKX,
+0.51%
increased 0.51% to 7,512.00.

Among Stoxx Europe 600 constituents, multiutilities company Uniper SE
UN01,
-12.95%
saw the largest drop Tuesday, as shares plunged 13.0%

Shares of real estate developers firm Aroundtown S.A.
AT1,
-7.81%
and pharmaceuticals company Idorsia Ltd.
IDIA,
-6.72%
fell 7.8% and 6.7%, respectively.

Sinch AB
SINCH,
-6.33%,
an internet/online company, and precision products business Halma PLC
HLMA,
-6.30%
rounded out the top five largest decreases as their stocks dropped 6.3% and 6.3%, respectively.

Standard Chartered PLC
STAN,
+5.04%,
a major international banks company, saw the largest increase of the Stoxx Europe 600 constituents, as shares gained 5.0% on Tuesday.

Shares of major international banks firm HSBC Holdings PLC (UK Reg)
HSBA,
+4.44%
and non-ferrous metals company Boliden AB
BOL,
+4.29%
increased 4.4% and 4.3%, respectively.

Bank of Ireland Group PLC
BIRG,
+4.13%,
a banking company, and major oil & gas company Equinor ASA
EQNR,
+4.04%
rounded out the top five largest increases as their stocks gained 4.1% and 4.0%, respectively.

The pound
GBPUSD,
+0.23%
was up 0.32% against the dollar, and the euro
EURUSD,
+0.06%
was up 0.13%. Brent crude
US:BRN00
added 1.01% to $84.74.

The yield on the 10-year gilt
TMBMKGB-10Y,
3.098%
fell 2.92 basis points to 3.098%, and the yield on the German 10-year bund
TMBMKDE-10Y,
1.923%
fell 7.160 basis points to 1.92%.


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