Tuesday, March 21, 2023
HomeMarketEuropean stocks extend positive streak for second day

European stocks extend positive streak for second day

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European stocks finished flat Tuesday, with the Stoxx Europe 600 index
SXXP,
+0.08%
closing at 462.40.

The FTSE 100 index
UKX,
+0.08%
was flat at 7,953.85, the French CAC 40 index
PX1,
+0.07%
was flat at 7,213.81 and the German DAX
DAX,
-0.11%
dropped 0.11% to 15,380.56.

Among Stoxx Europe 600 constituents, mining & metals company Polymetal International PLC
POLY,
+5.48%
saw the largest increase Tuesday, as shares added 5.5%.

Shares of beverages/drinks firm Coca-Cola HBC AG
CCH,
+4.97%
and real estate company Castellum AB
CAST,
+4.92%
rose 5.0% and 4.9%, respectively.

Samhaellsbyggnadsbolaget i Norden AB Series B
SBB.B,
+4.65%,
a technology company, and air transport firm easyJet PLC
EZJ,
+3.91%
rounded out the top five largest increases as their stocks added 4.7% and 3.9%, respectively.

Shares of business/consumer services company Thyssenkrupp AG
TKA,
-10.42%
saw the largest drop of the Stoxx Europe 600 constituents, as shares tumbled 10.4% on Tuesday.

Shares of food/beverages/tobacco firm Orkla ASA
ORK,
-6.42%
and technology company Delivery Hero SE
DHER,
-4.83%
declined 6.4% and 4.8%, respectively.

Orron Energy AB
ORRON,
-4.82%,
a fossil fuels company, and aerospace/defense firm MTU Aero Engines AG
MTX,
-4.05%
rounded out the top five largest decreases as their stocks declined 4.8% and 4.1%, respectively.

The pound
GBPUSD,
+0.21%
was up 0.21% against the dollar, and the euro
EURUSD,
-0.02%
was up 0.03%. Brent crude
BRN00,
-1.50%
weakened 1.64% to $85.19.

The yield on the 10-year gilt
TMBMKGB-10Y,
3.523%
rose 11.94 basis points to 3.523%, and the yield on the German 10-year bund
TMBMKDE-10Y,
2.440%
rose 6.930 basis points to 2.44%.


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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